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What has Tyco done to prevent future corporate scandals?

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By on Learning from the Best, Management & Strategy
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Arun Nayar (Former CFO of Tyco & Board Member, Bemis Company)


Arun Nayar talks about the scandal that occurred at Tyco International before he joined the company, that resulted in several members of the leadership team serving time in prison for defrauding the company. He explains the different steps that Tyco took to protect the company from future illegalities including replacing the entire board, putting in a new leadership team, and the creation of internal controls for getting the company back on target.

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About Author

Arun Nayar

Former CFO of Tyco & Board Member, Bemis Company

Arun Nayar is an experienced finance executive with broad business exposure across multiple industries, deep knowledge of the capital markets and an extensive network corporate C-Suite and in the institutional investor community. Arun is former EVP & Chief Financial Officer of Tyco International (Retired) and currently is Board of Directors and Chairman of Audit Committee at Bemis Company. He is also Senior Advisor of BC Partners and McKinsey.

Interviewed By


Vaishali Jain

Vaishali Jain

Sarder TV Journalist, and Former Bloomberg TV Journalist

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