Disgraced ex-Tyco chief Kozlowski, wife divorce
China Daily | Updated: 2008-07-17 08:17
Karen Mayo, wife of former Tyco International CEO L. Dennis Kozlowski, leaves Manhattan Criminal Court after her husband was sentenced to eight-and-a-third to 25 years in prison for looting the company on September 19, 2005. Bloomberg News |
Tyco International Ltd's imprisoned former chief, L. Dennis Kozlowski, and his second wife, Karen, reached a divorce settlement almost two years after she moved to dissolve the marriage following his theft and fraud conviction.
"She'll do well," said Martin Haines III, Kozlowski's divorce attorney. "She should be getting millions from the settlement. He needs closure."
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