Executives fired for wasting generous donations that should have gone to help thousands of wounded soldiers.
Two top executives fired after audit revealed they were spending 40 to 50 percent on overhead for extravagant parties, luxury resorts and travel.
CBS News reports that Wounded Warrior Project’s Chief Executive Officer, Steven Nardizzi, and Chief Operating Officer, Al Giordano, were fired after a meeting Thursday afternoon in New York.
By appealing to America’s generosity, Wounded Warrior Project raised more than a billion dollars in donations since 2003 — $300 million in 2014 alone. But while the money was pouring in, it was also flowing out on lavish employee conferences — $26 million in 2014.
“Let’s get a Mexican mariachi band in there, let’s get maracas made with the WWP logo put them on every staff member’s desk. Let’s get it catered, have a big old party,” said Eric Millette, a retired army staff sergeant.
He took a job with Wounded Warrior as a motivational speaker, but after two years he quit. “I’ll be damned if you’re gonna take hard-working Americans’ money and drink it and waste it, instead of helping those brave men and women who gave you the freedom to walk the face of this earth.”
More than 40 former employees told CBS News that spending by the charity was out of control. Two former employees were so fearful of retaliation they asked us not to show their faces. “It was extremely extravagant. Dinners and alcohol, just total excess,” one said. “I mean, it’s what the military calls fraud waste and abuse.”
Former employees also told us the excessive spending began when Nardizzi took over as CEO in 2009.
(Read more at CBS News)
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