X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Monster Worldwide Inc., the parent of job search site Monster.com, said Wednesday it terminated Myron Olesnyckyj, the company’s general counsel, as part of its investigation into past stock-option grant practices.

Olesnyckyj is the second high-ranking executive to leave the company over backdated stock options. Andrew J. McKelvey resigned his posts as chairman and chief executive on Oct. 9 but at the time retained his seat on the board as chairman emeritus. He resigned fully on Oct. 30, citing an unwillingness to sit for further questions over the company’s backdating practices in the past.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.