Uploaded January 2026 | Updated September 2026, 2 weeks ago
Dennis Kozlowski was the CEO of Tyco International who became a symbol of early-2000s corporate excess after prosecutors revealed he had looted the company for personal gain. While Tyco itself was a legitimate and highly profitable conglomerate, Kozlowski and CFO Mark Swartz secretly took hundreds of millions of dollars in unauthorized compensation, using company funds to pay for lavish personal expenses.
Dennis Kozlowski was the CEO of Tyco International who became a symbol of early-2000s corporate excess after prosecutors revealed he had looted the company for personal gain. While Tyco itself was a legitimate and highly profitable conglomerate, Kozlowski and CFO Mark Swartz secretly took hundreds of millions of dollars in unauthorized compensation, using company funds to pay for lavish personal expenses.
