A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part III - Chapter 18 : CEOs  > Centimillionaire Income CEOs  :   Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9   Next

   Centimillionaire Income CEOs 

Page entitled : CEOs and option backdating

Content of this page is about :
How the change of US GAAP treatment of stock options rendered option backdating a criminal offense; and introducing Charles B. Wang, the founder of Computer Associates.


Extract :
... was effectively considered as an overstatement of income and thus an accounting fraud.

Over 130 large US corporations are concerned, but option backdating scandals so far led to charges against only a handful of American CEOs, including Bruce Karatz (KB Home), and William Wayne McGuire (UnitedHealth Group), the only CEO with ...

 

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