Dennis Kozlowski Biography
Dennis Kozlowski is an American former CEO of Tyco International and a businessman who was born and brought up in Newark, New Jersey. He is a well-known convicted criminal. He was sentenced in 2005 of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director.
Kozlowski served more than six years at the Mid-State Correctional Facility in Marcy, New York before being transferred to the Lincoln Correctional Facility in New York City, from which he was granted conditional release on January 17, 2014.
10 Quick Facts About Dennis Kozlowski
- Name: Leo Dennis Kozlowski
- Age: 76 Years (As of 2022)
- Birthday: 16 November
- Zodiac Sign: Scorpio
- Height: 5 feet 9 inches
- Nationality: American
- Occupation: Businessman
- Marital Status: Divorced
- Salary: Under Review
- Net worth: $600 Million
Dennis Kozlowski Age
Dennis is 76 years old as of 2022, he was born on 16 November 1946 in Newark, New Jersey, United States. He celebrates his birthday on 16 November every year and his birth sign is Scorpio.
Dennis Kozlowski Height
Kozlowski stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Dennis Kozlowski Education
Dennis attended Seton Hall University, a Catholic university.
Dennis Kozlowski Family
Kozlowski was born in Newark to his parents Agnes (née Kozell), who worked for the Newark Police Department and as a school crossing guard, and his father, Leo Kelly Kozlowski, worked for the Public Service Transport. Kozlowski’s parents were second-generation Polish-Americans.
Dennis Kozlowski Wife
Kozlowski was married to Angeles Suarez. The couple married in 19971 and divorced in 2000. Kozlowski’s wife Karen Kozlowski filed for divorce in Palm Beach County, Florida.
There were no specific reasons cited, but the motion asked the court to equally distribute the couple’s assets and liabilities and asked that gifts Karen received be declared marital property. She also sought a lien on the couple’s Boca Raton mansion. The motion also requested alimony.
Dennis Kozlowski Net Worth
Kozlowski has an estimated net worth of $600 million dollars as of 2022. This includes his assets, money and income. His primary source of income is his career as a businessman. Through his various sources of income, Dennis has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Dennis Kozlowski Measurements and Facts
Here are some interesting facts and body measurements you should know about Dennis Kozlowski.
Dennis Kozlowski Wiki
- Full Names: Leo Dennis Kozlowski
- Popular As: Former CEO of Tyco International
- Gender: Male
- Occupation / Profession: Former CEO of Tyco International and a businessman
- Nationality: American
- Race / Ethnicity: Not Available
- Religion: Not Known
- Sexual Orientation: Straight
Dennis Kozlowski Birthday
- Age / How Old?: 76 years (2022)
- Zodiac Sign: Scorpio
- Date of Birth: 16 November 1946
- Place of Birth: Newark, New Jersey, USA
- Birthday: 16 November
Dennis Kozlowski Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: Blue
- Hair Color: Blonde
- Shoe Size: Not Available
Dennis Kozlowski Family and Relationship
- Father (Dad): Leo Kelly Kozlowski
- Mother: Agnes (née Kozell)
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Divorced
- Wife/Spouse: Angeles Suarez (1971-2000)
- Dating / Girlfriend: Single
- Children: Sons (Not available) Daughter(s) (Not available)
Dennis Kozlowski Net Worth and Salary
- Net Worth: $600 Million
- Salary: Under Review
- Source of Income: Former CEO of Tyco International and a businessman
Dennis Kozlowski Tyco
In 1975 that when Kozlowski joined Tyco, and he became a CEO in 1992. Tyco massively expanded during the late 1990s with Kozlowski at the helm. The company consistently beat Wall Street’s expectations and through a series of strategic mergers and acquisitions, ushered in a new era of mega-conglomerates.
In 2002 Kozlowski left Tyco, amid controversy in regard to his compensation package. After Kozlowski was out of prison in 2015 he is now a merger-and-acquisitions specialist for Fort Lauderdale-based Harborside Advisors, a company owned by his wife of four years, Kimberly Fusaro-Kozlowski.
Dennis Kozlowski and Mark Swartz
Mark Swartz is a former Tyco chief financial officer who together with Kozlowski were convicted on June 17, 2005, of crimes related to Kozlowski receipt of $81 million in purportedly unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director.
Dennis Kozlowski Sentence
Kozlowski has been tried two times. The first trial was a ruled mistrial when one of the jurors was threatened by the public after being reported to have made an OK sign towards Kozlowski’s lawyers.
During his second he testified on his own behalf during stating that his pay package was “confusing” and “almost embarrassingly big,” but that he never committed a crime as the company’s top executive.
Together with Tyco chief financial officer Mark Swartz, on June 17, 2005 Kozlowski was convicted of crimes related to his receipt of $81 million in purportedly unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director.
He was sentenced by Judge Michael Obus of the Manhattan Supreme Court on September 19, 2005 to serve from eight years and four months to twenty-five years in prison for his role in the scandal.
Additionally, Kozlowski and Swartz were ordered to pay a total of $134 million in restitution. He was still fined $70 million, while Swartz was fined $35 million. They were both convicted on 22 counts of grand larceny, falsifying business records, securities fraud, and conspiracy.
His total minimum sentence was set at 8 years and 4 months, and his aggregate maximum sentence was 25 years; his conditional release date was set for 17 May 2022, and his maximum expiration date was 17 September 2030. Kozlowski in April 2012 was denied parole.
Wozlowski’s next parole eligibility date, and his parole hearing merit release appearance were then set for January 17, 2014. He was granted conditional release from the Lincoln Correctional Facility in New York City on January 17, 2014.
Following his trial he asserted his innocence by stating, “I am absolutely not guilty of the charges. There was no criminal intent here. Nothing was hidden. There were no shredded documents. All the information the prosecutors got was directly off the books and records of the company.”
Before his appeal was complete but after his conviction, he again denied his guilt. “I was a guy sitting in a courtroom making $100 million a year and I think a juror sitting there just would have to say, ‘All that money? He must have done something wrong.’ I think it’s as simple as that.”
In spite of Kozlowski admitting his culpability for the crimes at his parole hearing. “It was greed, pure and simple,” he told a New York State parole panel at a December 3 video conference hearing.
“I feel horrible … I can’t say how sorry I am and how deeply I regret my actions.” Kozlowski’s trial was criticized by civil rights lawyer Dan Ackman, who said: It’s fair to say that Kozlowski and Swartz abused many corporate prerogatives and that they invented new ones just so they could abuse them.
They acted like pigs, as a lot of CEOs act like pigs. Still, the larceny charges at the heart of the case did not depend on whether the defendants took the money—they did—but whether they were authorized to take it. Questions of authority are, by nature, legal questions, not questions for jurors.
Dennis Kozlowski Released
Dennis who was convicted for using then Boca Raton-based Tyco International as his personal piggy bank, is back working in mergers and acquisitions for a Fort Lauderdale firm. The former Tyco CEO went to prison for 6-1/2 years after being convicted in a multimillion-dollar corporate fraud case.
He was released in 2015. In 2017, he spoke to the Gold Coast Tiger Bay Club, a group that encourages “public discourse,” at an event in Boca Raton. Kozlowski, now 70, talked about going from a top CEO in the country, to head of laundry at a New York State prison, to his life today with his wife and business partner.
Dennis Kozlowski House
Supported by the booming stock market of the late 1990s and early 2000s Kozlowski became notorious for his extravagant lifestyle, reportedly, he had Tyco pay for his $30 million New York City apartment which included $6,000 shower curtains and $15,000 “dog umbrella stands”.
While he was CEO at Tyco International he purchased several acres in the private gated community including “The Sanctuary”, in Boca Raton, Florida. Kozlowski also purchased a multimillion-dollar oceanfront estate on the island of Nantucket.
Frequently Asked Questions About Dennis Kozlowski
Dennis Kozlowski is an American former CEO of Tyco International and a businessman who is a well-known convicted criminal.
Dennis is an American national born on 16th November 1946 in Newark, New Jersey.
Dennis stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
No, Dennis was married to Angeles Suarez. The couple married in 19971 and divorced in 2000. Kozlowski’s wife Karen Kozlowski filed for divorce in Palm Beach County, Florida.
Dennis has an approximate net worth of $600 million. This amount has been accrued from his leading roles in the entertainment industry.
Details about Dennis’ salary are not yet disclosed. However, information about how much he makes will be updated as soon as it is available.
Because of personal reasons, Dennis has not shared his precise location of residence. We will update this information if we get the location and images of his house.
Dennis is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Dennis Kozlowski Contacts
- Youtube
- Tiktok
- Website
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