Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

MassMutual CEO Ousted for 'Conduct Unbecoming' (gop ceo)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 04:57 PM
Original message
MassMutual CEO Ousted for 'Conduct Unbecoming' (gop ceo)
MassMutual yesterday intensified speculation over the firing of CEO Robert O'Connell when it disclosed for the first time that O'Connell's ``conduct'' was behind this week's stunning move.
``The matter of Mr. O'Connell's conduct, which was behind the board's decision yesterday, does not have any affect on the company's financial position,'' a spokesman said following questioning by the Herald.
The admission elaborates on the company's previous description of events, which referred merely to ``issues'' leading up O'Connell's dismissal.
article continued...

Here's a link to Robert O'Connell's campaign contributions
Printer Friendly | Permalink |  | Top
Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 05:20 PM
Response to Original message
1. Hummmm
The Boston Globe is reporting that

MassMutual may say very little about the termination of its chief executive, but it reveals even less about the departure of other top managers. Susan Alfano, an executive vice president, left the same day O'Connell was fired. Ann Lomeli, a senior vice president and co-general counsel, left the next day.

And the business cheerleaders are all quick to jump in saying that MassMutual is fine finacially. If there is fraud involved here, wonder if the media will even report it.
Printer Friendly | Permalink |  | Top
 
foo_bar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 05:21 PM
Response to Reply #1
2. "conduct" means sex, right?
Printer Friendly | Permalink |  | Top
 
President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 07:35 PM
Response to Reply #1
3. great find. you just KNOW there is some going on there
This sounds exatly like the Stonecipher incident over at Boeing a few months ago.
Printer Friendly | Permalink |  | Top
 
President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 07:37 PM
Response to Reply #1
4. Susan Alfano's campaign contributions
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 23rd 2024, 01:59 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC