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


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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 : Charles B. Wang - founder and CEO of Computer Associates

Content of this page is about :
How Charles Wang and his partners built Computer Associates into a software giant, then granted themselves unjustified stock options, overstating the corporation's income .


Extract :
... setback, which he explained by racial discrimination, eventually led Charles B. Wang to step down as CEO (2000) and chairman of the board (2002) of Computer Associates, in favor of Sanjay Kumar, who had succeeded Wang’s brother as COO in 1994. This was amid charges of irregularities with the company’s income statements and a related massive grant of stock options to CA’s top managers, including Wang, Kumar and ...

 

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