Mark Cooke this month stepped down as CEO of Goldman Sachs-controlled Stirling Cooke Brown Holdings following the company’s disastrous performance since going public in November, 1997.
But the man promoted to temporarily replace him and steady the firm in the face of widespread fraud allegations was himself accused of impropriety with his previous employer, we can reveal.
Len Quick, 57, who was previously the head of Stirling Cooke’s North American operations, was elevated to Chief Operating Officer of the group and interim CEO until a permanent replacement for Cooke is found.
Articles Bermuda Featured Fraud Insurance Listed Securities Stirling CookeJuly 31, 1999
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Bermuda Fraud Insurance Listed SecuritiesKeywords
Bermuda Insurance Market Len Quick Mark Cooke Stirling Cooke