KB Home CEO resigns after backdating probe
13th Nov 2006, 07:19 GMT
SAN FRANCISCO (MarketWatch) -- KB Home CEO, President and Chairman Bruce Karatz has resigned after an internal investigation found that he backdated his own stock-option grants to increase his pay and will forfeit about $13 million in gains from the backdating, according to a media report Sunday.
KB Home CEO resigns after backdating probe related news:
- KB Home CEO resigns amid options probe — MSNBC.com: Business
- KB Home chief resigns over options scandal — FT.com - UK Homepage
- CEO of KB Home resigns over options dating — baltimoresun.com - business
- KB Home CEO resigns over stock issue — USATODAY.com Money - Top Stories
- Options Probe Forces CEO Out — RedOrbit News - Technology
- KB Home CEO ousted for backdating — MSNBC.com: Business
- KB Home CEO Bruce Karatz Out Amidst Stock Options Review — FOXNews.com
- KB Home Cleans House — BusinessWeek Online --
- KB Home Executives Quit Over Stock Options — ConsumerAffairs.Com Homeowners News
- KB Home CEO Bruce Karatz leaving firm (AP) — Yahoo! News: Top Stories
Latest news from MarketWatch.com - Top Stories – Sponsored by: CyberTrader:
- Toyota plans for 15% global market share by 2010
- Tokyo shares lead region lower; Mining shares tumble in Sydney
- Google's builds a premium feature, one page at a time
- The L.A. Times is dying by a thousand cuts
- Dines' day dawning?
- Drug stocks pare gains; Solexa, Isis shares soar
- Solexa's shares soar on $600 million buyout by Illumina
- Isis Pharma's shares soar on cholesterol-drug Phase II data
- D.R. Horton's profit seen lower with key housing data on tap
- U.S. stocks gain on economic optimism, cheaper oil; Intel rallies