Bernard J. Ebbers

Bernard J. Ebbers

A Canadian businessman who served as CEO of WorldCom for much of its early history prior to 2002. He co-founded WorldCom (then called Long Distance Discount Services) in 1983. After becoming CEO in 2005, he oversaw a number of acquisitions of telecommunications companies, including some of the largest (at that time) takeovers in American history. In 2002, he resigned in an accounting scandal and was sentenced to 25 years in prison in 2005. See also: Enron scandal.
References in periodicals archive ?
WorldCom, a business empire built by a self-made billionaire Bernard J. Ebbers, entered the halls of infamy in 2002 when it filed for the world's largest corporate bankruptcy.
Bernard J. Ebbers, former chief executive, WorldCom
Last week, former WorldCom chief executive Bernard J. Ebbers was found guilty of securities fraud and eight other counts by a New York jury.
1 for the second year running is Bernard J. Ebbers of WorldCom, followed by Steve Case of AOL, who edged Bill Gates from second to third place.
(GAA607) BERNARD J. EBBERS, CEO of MCI WORLDCOM INC, describes the company's business and its background; prospects for the industry, with positive and negative trends; competitive threats; strategic opportunities for the firm including its marketing plans and acquisition potential; management strength and organization; and the financial prospects of the firm looking forward.