The board accused Gilmore of expensing US$76,120 (RM315,365) at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. — The Sun Sentinel/TNS
Scott Lang, the new chief executive officer of Turvo Inc, wants to emphasise an important corporate policy at his startup: Employees may not entertain clients at strip clubs and certainly not bill those trips to the business. The rule is salient because his predecessor was fired for doing just that.
The board accused the co-founder, Eric Gilmore, of expensing US$76,120 (RM315,365) at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. Gilmore, 39, didn’t deny the accusations, but he sued the company, claiming the board didn’t follow the proper protocol for his termination. Turvo said it did, and they settled in September. Gilmore declined to comment through a spokesman.
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