Sex and the CEO
Sexual harassment in the corporate sector, is not uncommon despite several companies having clear policies to punish misdemeanors. Here are a few notorious cases of the recent past, where CEOs have hit the headlines for the wrong reasons.
IMF chief, Dominique Strauss Kahn, age 62, was arrested before a Paris bound flight from New York for sexually assaulting a housekeeper at a Manhattan hotel. The charges included criminal sex act and attempted rape.
Jang Suk Woo, CEO of Open World Entertainment, was charged with sexual assault against female trainees in his agency and was sentenced to 6 years in prison. He was charged with rape and violation of child protection laws. Open World Entertainment is an entertainment agency which includes pop South Korean bands such as The Boss and X-5.
Starwood Hotels & Resorts Worldwide Inc., one of the world’s largest hotel companies, franchises over 1,134 properties and employs over 171,000 people. Steven J. Heyer, the CEO of Starwood Hotels was charged with sending inappropriate emails and text messages to a female employee while married. He was ousted by the board and was ineligible for a $35 million severance compensation.
Moose International is an international service organization that conducts $75 million to $100 million worth of community service for the caring of children, teens and retirees in need. Eight days after the CEO, William B. Airey, was accused of molesting a 12 year old boy in 1980 named Jason Peck, he resigned. Airey was not allowed contact with residential students until the case was resolved.
The CEO of Ryanair, a well known Irish low cost airline, was sentenced to two years in jail after losing his appeal of sexually assaulting a young woman in her home in Dublin on November 19, 2006.
Correction: Article has been updated with spelling corrections for IBM
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