Richard C. Breeden
From Wikipedia, the free encyclopedia
Richard C. Breeden was born in 1949. During his professional career he has been a law school instructor, a practicing lawyer, an economics and policy advisor to the Vice President and then the President of the United States, Chairman of the U.S. Securities and Exchange Commission, a senior partner of an accounting firm, CEO of a public company and head of his own turnaround and workouts firm.
In July 2002, Breeden was appointed to act as Corporate Monitor of WorldCom, Inc. by the Honorable Jed S. Rakoff of the United States District Court for the Southern District of New York, who oversaw the case involving history's largest corporate fraud and the largest bankruptcy in U.S. history. In this capacity he has been responsible for overseeing efforts to insure that fraudulent activities, self dealing and financial abuse at WorldCom have been halted, and for recommending new systems of corporate governance and compensation.
In June 2003, while still serving at WorldCom, the board of directors of Hollinger International, Inc. asked Mr. Breeden to lead an investigation into insider abuses at the company.
The WorldCom assignment reflects in part Mr. Breeden's extensive and longstanding experience in issues of corporate governance and corporate financial, legal and ethical responsibilities.
[edit] External links
- Richard C. Breeden at the Notable Names Database
- A Maclean's article on Richard Breeden's work with Hollinger International by Mark Steyn
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