8 Failed CEOs
By siliconindia   |   Tuesday, 13 September 2011, 23:55 IST   |    7 Comments
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Richard Grasso
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Richard Grasso was the chairman of New York Stock Exchange. In August 2003, it was found that Richard Grasso had been given a deferred pay package of almost $140 million. This soon embroiled into a controversy as the hand-picked compensation committee mainly held representatives of New York Stock Exchange listed companies. Following criticism from U.S. Securities and Exchange commission, the exchange board asked Grasson to leave.

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