O'Connell Firing Goes to Arbitration
O’Connell’s attorney has already filed for
arbitration with the American Arbitration Association’s
Boston office, and advised MassMutual in a letter not to
alter or destroy any documents or e-mails concerning
O’Connell, according to a Hartford Courant report.
The Springfield, Massachusetts company’s board of
directors took a final vote Thursday to remove him as
chairman, president, and chief executive for “a
systematic and pervasive pattern” of abusing authority,
violating the company’s code of conduct, and other “gross
misconduct” (See
MassMutual Board Reiterates O’Connell Firing
).
O’Connell told reporters afterward that “virtually every
charge they made is unsubstantiated.” He expects
eventually to be vindicated and said “I truly expect some
of them will be changing their minds in the process,”
according to the Courant.
O’Connell said he told directors that the process they
used to fire him was unfair. “As I said to the board, I
have done nothing improper and always discharged my
responsibilities at MassMutual in the best interests of
the company,” he said.
O’Connell’s bitterness came through in a statement late
Thursday by his spokesman Joe Grillo, who blamed
“disgruntled members of management” for a “carefully
orchestrated campaign to drive Mr. O’Connell from the
company.”
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