Dennis Kozlowski gets hard time, big fine

NEW YORK, Sept. 19 (UPI) -- A New York judge Monday sentenced two former executives of Tyco International Ltd. to 8 1/3 to 25 years behind bars each for looting the company.

Tyco leaders convicted, face hard time

NEW YORK, June 17 (UPI) -- A New York jury Friday convicted the former head of Tyco International Ltd. of organizing a looting spree that drained a fortune from the company.

Former Tyco head takes stand in own trial

NEW YORK, April 28 (UPI) -- Tyco International's former head portrayed himself as a successful but distracted company builder in his New York trial on charges of corporate wrongdoing.

The Almanac

Today is Saturday, April 2, the 92nd day of 2005 with 273 to follow.
By United Press International

Job candidate morality now under scrutiny

TULSA, Okla., Nov. 5 (UPI) -- In light of recent corporate scandals, U.S. companies are trying new interview techniques to gauge the morality of potential employees.

Postponed Enron hearings get uglier

WASHINGTON, Aug. 12 (UPI) -- While the criminal activities of domestic doyen Martha Stewart and Tyco chief Dennis Kozlowski have had more than their fair share of the media spotlight, all e
SHIHOKO GOTO, UPI Senior Business Correspondent

Tyco's 'Juror No. 4' denies improprieties

NEW YORK, April 7 (UPI) -- The much maligned juror in New York's Tyco corporate looting trial denies she ever flashed an "OK" sign to defense lawyers.

Stewart not sole top exec to face music

WASHINGTON, April 5 (UPI) -- Long before media empress Martha Stewart was convicted of conspiracy to cover up her sale of a stock, many of her supporters were ostensibly irked -- particular
ANDREW P. MOISAN, UPI Correspondent

Mistrial declared in New York Tyco trial

NEW YORK, April 2 (UPI) -- A New York judge Friday declared a mistrial in the six-month proceeding against Tyco executives Dennis Kozlowski and Mark Swartz.

Jury deliberations continue in Tyco case

NEW YORK, March 30 (UPI) -- The judge in the New York trial of former Tyco CEO Dennis Kozlowski denied a new motion for a mistrial Tuesday and jurors deliberated a ninth day.

Tyco judge refuses to declare mistrial

NEW YORK, March 29 (UPI) -- The New York judge in the criminal misconduct trial of Tyco International's former leaders refused Monday to declare a mistrial.

Judge sends Tyco jury home for now

NEW YORK, March 26 (UPI) -- The judge in the New York Tyco corruption trial sent the jury home Friday for the weekend after the panel said it could not continue deliberations.

Tyco comeback steams ahead

PRINCETON, N.J., March 22 (UPI) -- Despite being rocked by financial scandal, Tyco International is regrouping and having a run of profitable quarters, The New York Times reported Monday. The turnaround is credited largely to Edward Breen, who was brought in to run Tyco in the summer of 20

Tyco jurors focus on criminal intent

NEW YORK, March 19 (UPI) -- Jurors deliberated a second day Friday in the New York trial of two former top Tyco executives after indicating possible doubts about the prosecution's case.

Tyco auditor says hidden bonus questioned

NEW YORK, Jan. 29 (UPI) -- A former auditor of Tyco International testified in New York his firm questioned Tyco's decision not to disclose millions in employee loans and bonuses.
Page 2 of 4
Dennis Kozlowski
Former Tyco CEO Dennis Kozlowski (left) and former TYCO CFO Mark Swartz (right) on the 11th day of jury deliberations in their 2nd retrail were found guilty on June 17, 2005 at Manhattan State Supreme Court. Kozlowski, 58, was found guilty of conspiracy, fraud and falsifying business records and Swartz, 44, was found guilty of grand larceny, securties fraud and eight of nine counts of falsifying business records. (UPI Photo/Ezio Petersen)

Dennis Leo Kozlowski (born November 16, 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the company's funds to support a lavish lifestyle and chronic substance abuse issues. He is currently serving at least eight years and four months in prison.

Kozlowski joined Tyco in 1975, becoming CEO in 1992. With Kozlowski at the helm, Tyco massively expanded during the late 1990s. The company consistently beat Wall Street's expectations and through a series of strategic mergers and acquisitions, ushered in a new era of mega-conglomerates. Kozlowski left Tyco in 2002, amid a controversy in regard to his compensation package.

Kozlowski has been tried twice. The first attempt was a mistrial as one of the jurors - who sided with Kozlowski - later claimed that she was threatened by a member of the public. Kozlowski testified on his own behalf during the second trial, stating that his pay package was "confusing" and "almost embarrassingly big", but that he never committed a crime as the company's top executive.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Dennis Kozlowski."
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