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Sarbanes-Oxley News & Developments
Scrushy Resigns from HealthSouth BoardLast week the company filed its 2004 financials and scheduled an annual meeting for December 29, its first such meeting since 2002.
> > Richard Scrushy has finally resigned from the board of directors for HealthSouth Corp.
According to the Birmingham News, the founder, former chairman, and former CEO claimed in a letter to the board that HealthSouth has reduced his role as a director and chairman to virtual non-existence. Scrushy complained that he was not informed about board meetings or other company business and will not give him access to an office at the company to carry out his duties.
Source: CFO
Published:2005-12-06
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