Frank Dunn
Encyclopedia
Frank A. Dunn is a Canadian
business executive who was the Chief Executive Officer
of Nortel Networks. In 2007, the U.S. Securities and Exchange Commission filed civil fraud charges against him, and three former senior executives, in a wide-ranging financial fraud scheme.
Dunn joined Nortel Networks (when it was still known as Northern Electric) as a management trainee in 1976, after graduating from McGill University
. He was appointed CFO in 1999 under CEO John Roth. After Roth retired, Dunn became the CEO in November, 2001 until he was fired for cause, along with several financial executives in April, 2004.
On June 19, 2008, Dunn (then aged 54) was arrested by the Royal Canadian Mounted Police
, along with two other former Nortel executives, charged with fraud affecting the public market, falsification of books and documents and producing a false prospectus.
The Montreal Gazette reported in October 2011 that the criminal trial of Mr. Dunn is scheduled to begin on Jan. 16th, 2012.
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
business executive who was the Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Nortel Networks. In 2007, the U.S. Securities and Exchange Commission filed civil fraud charges against him, and three former senior executives, in a wide-ranging financial fraud scheme.
Dunn joined Nortel Networks (when it was still known as Northern Electric) as a management trainee in 1976, after graduating from McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
. He was appointed CFO in 1999 under CEO John Roth. After Roth retired, Dunn became the CEO in November, 2001 until he was fired for cause, along with several financial executives in April, 2004.
On June 19, 2008, Dunn (then aged 54) was arrested by the Royal Canadian Mounted Police
Royal Canadian Mounted Police
The Royal Canadian Mounted Police , literally ‘Royal Gendarmerie of Canada’; colloquially known as The Mounties, and internally as ‘The Force’) is the national police force of Canada, and one of the most recognized of its kind in the world. It is unique in the world as a national, federal,...
, along with two other former Nortel executives, charged with fraud affecting the public market, falsification of books and documents and producing a false prospectus.
The Montreal Gazette reported in October 2011 that the criminal trial of Mr. Dunn is scheduled to begin on Jan. 16th, 2012.