TORONTO – It was a tough year for many in the corner suite as several chief executives were forced out. Here’s a quick look at a few corporate chieftains who lost their job:
SNC-Lavalin Group Inc. (TSX:SNC): Pierre Duhaime left the company amid an internal accounting investigation in March into questionable payments and a sharp drop in quarterly earnings. The company said an independent probe into certain payments the company made revealed “management override, flawed design or ineffective enforcement of controls” in relation to hiring agents for two of its projects. Duhaime was later charged with fraud in connection with a contract pertaining to the McGill University Health Centre.