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In November 2006, KB Home president, CEO, and chairman Bruce Karatz resigned after an internal accounting probe into his alleged backdating of stock options. KB Home also announced the resignation of its head of human resources, Gary A. Ray, and the resignation of its chief legal officer, Richard B. Hirst.
Bruce E. Karatz [1] (born October 10, 1945) is an American businessman and philanthropist. He served as Chairman and CEO of KB Home , [ 2 ] and engaged in philanthropic efforts to help rebuild both Los Angeles after the L.A. Riots and New Orleans following Hurricane Katrina . [ 3 ]
Bruce Karatz, former CEO of KB Home (KBH), was fined $1 million and given five years of probation for hiding backdated stock options from auditors and regulators. Karatz will face no jail time but ...
Ray R. Irani (Ph.D. 1957) – CEO of Occidental Petroleum; James Jannard – founder of Oakley Sunglasses and Red Digital Cinema Camera Company; Suzanne Nora Johnson (B.S. 1979) – vice chairman of Goldman Sachs; Bruce Karatz (J.D. 1970) – chairman and CEO of KB Home
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Ray takes Bruce to visit their estranged father Bill, refusing to see him and only coming in to help Bruce up and into the car. Hired by Alex, the vice president of a motorcycle club to kill president and old acquaintance Vinnie, Ray takes Gary out to Vinnie's family farm to act as a getaway driver.
Matthew Karatz is the son of former KB Home chairman and CEO, Bruce Karatz [4] [7] and his first wife Janet Dreisen. In 1990, he graduated from Gould Academy , a college preparatory school. [ 5 ] In 1994, he earned a Bachelor's degree in political science from Pitzer College .
Two former siblings of Sabrina Ray, a Perry teen starved to death and severely abused by parents who adopted her out of foster care, are expected to receive almost $3 million each in special ...