Daily Freeman (Kingston, NY)

Former CEO named board chairman of ex-prisoners group

- By Jake Pearson The Associated Press

A former business titan convicted more than a decade ago in a notorious corporate f raud case that featured headline- grabbing tales of excessive spending is now board chairman of a New York City nonprofit that helps ex-prisoners re- enter society, the group announced Tuesday.

Ex-Tyco Internatio­nal CEO L. Dennis Kozlowski, who served 6½ years behind bars after he and another executive were convicted of looting the security systems company of $600 million, said he was honored to lead The Fortune Society’s 31-member board.

“I was fortunate where I had a support system and was able to have family and friends to help me land on my feet,” he said. “But most people don’t have that and most people need a lot of help.”

The group serves about 5,500 formerly incarcerat­ed people every year with help getting jobs, housing, health services, education and anything else they need.

Jo Anne Page, the group’s president and CEO, t outed Kozlowski’s business experience and passion for the work, saying in a statement he “has already proven himself to be an inspiratio­nal leader.”

An inquiry into whether Kozlowski evaded paying millions of dollars in taxes on art turned into a sprawling investigat­ion into his use of Tyco funds for lavish spending, including a $6,000 shower curtain.

Prosecutor­s f rom the Manhattan district attorney’s office also detailed a $2 million toga party he threw on the Italian is- land of Sardinia in 2001 — complete with an appearance by Jimmy Buffett and an ice sculpture of Michelange­lo’s “David” urinating vodka.

Kozlowski, who told a parole board in 2013 his crimes were motivated by greed, said his only desires now are to run his own general business consulting practice and help The Fortune Society.

“I’ ve moved on f rom all of that,” he said of the 2005 scandal.

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