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Bernard John Ebbers (August 27, 1941 – February 2, 2024) was a Canadian businessman and the co-founder and CEO of WorldCom. Under his management, WorldCom grew rapidly but collapsed in 2002 amid revelations of accounting irregularities, making it at the time one of the largest accounting … See more Ebbers was born in Edmonton, Alberta, the second of five children of Kathleen and John Ebbers, a traveling salesman. His family were devout Christians. When Ebbers was young, the family moved to See more Ebbers began his business career operating a chain of motels in Mississippi. In 1983, in a coffee shop in Hattiesburg, Mississippi, he and 3 other investors formed Long … See more Marriages In 1968, Ebbers married Linda Pigott and the couple raised three daughters. Ebbers filed for divorce in … See more On June 25, 2002, WorldCom admitted to nearly $3.9 billion in accounting misstatements and on July 22, 2002, it filed for See more • Cooper, Cynthia (2008). Extraordinary Circumstances: The Journey of a Corporate Whistleblower. Wiley. ISBN 978-0-470-12429-1. - A book by the former chief audit … See more WebJan 19, 2014 · Bernie Ebbers rose from humble Mississippi beginnings to become a billionaire CEO of WorldCom. The world was his oyster, with shares in the company going for $64 a pop. Things however did go pop when WorldCom was found to have carried out the largest accounting fraud in United States history, all under Ebbers’ watch. ... they\\u0027re given at bedtime crossword
The Rise and Fall of WorldCom’s C-suite Executives - The …
WebFeb 3, 2024 · Former Worldcom CEO Bernie Ebbers dies at 78. The former chief of WorldCom, convicted in one of the largest corporate accounting scandals in U.S. … WebWorldCom’s roots stem from a Mississippi telecom company called LDDS where Ebbers was CEO. Growing to over 80,000 employees through multiple acquisitions of other telecom businesses, WorldCom became the overwhelming industry leader. However, many of WorldCom’s executives had worked with Ebbers since his start as CEO 2 decades before. WebJan 13, 2024 · In 1996, WorldCom acquired MFS Communications, which gave Ebbers' company UUNet's Internet backbone. The $12 billion deal was one of the largest corporate acquisitions in U.S. history. saffron building society opening times