Shocking CEO downfalls

Published On: Mar 01 2013 10:16:03 AM PST   Updated On: Jun 19 2014 05:45:12 AM PDT

American Apparel's controversial founder and CEO is the latest to make a shocking departure.

CEO Downfalls - Lotus
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Jeff Papows (Lotus Development Corp) -- Papows resigned in 2000 after a year embroiled in controversy. A former executive of his company filed a sexual discrimination complaint and the Wall Street Journal reported that he may have lied about his personal history to boost Lotus' sales and its image.

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