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.
