Boeing’s Board of Directors fired CEO Dennis Muilenburg on December 23, 2019, over his handling of the 737 MAX crisis that killed 346 people in two crashes. Despite presiding over the deadliest corporate safety scandal in aviation history, Muilenburg departed with approximately $62 million in …
Dennis MuilenburgBoeing Board of DirectorsDavid Calhoun346 crash victimsVictims' familiesboeingexecutive-compensationimpunity737-maxcorporate-crime+1 more
Wells Fargo CEO John Stumpf resigns effective immediately, ending his 34-year career at the bank amid the fake accounts scandal. Despite calls from Senator Elizabeth Warren and others for him to forfeit his compensation and face criminal charges, Stumpf departs with approximately $130-137 million in …
John StumpfWells Fargo BoardTimothy Sloancorporate-fraudwells-fargoexecutive-compensationcorporate-accountability
Following intense Congressional pressure and public outrage, Wells Fargo announces that CEO John Stumpf will forfeit $41 million in unvested stock awards and his 2016 salary and bonus. The clawback represents the board’s first attempt to impose financial consequences on senior leadership for …
John StumpfWells Fargo Boardcorporate-fraudwells-fargoexecutive-compensation
Northrop Grumman Corporation paid the United States $11.4 million to settle government claims that it violated a 2002 settlement agreement with the Defense Contract Management Agency by improperly charging federal contracts for deferred compensation awards to key executives, demonstrating how …
Northrop GrummanDepartment of JusticeDefense Contract Management AgencyDefense Contract Audit AgencyDefense ContractorsFraudFalse Claims ActExecutive CompensationContractor Abuse+2 more