Kiwi Camara, Harvard Law School’s youngest graduate and founder of legal tech company CS Disco, made headlines last week when he unexpectedly resigned, giving up an estimated $110 million in compensation.
However, the departure reportedly took a darker turn wall street journal Claims Kamala was ousted over sexual misconduct allegations. He allegedly molested a young female employee and engaged in disturbing behavior, including forcing grilled meat into her face during dinner.
CS Disco initially played down Kamara’s resignation, saying it was not related to any operational or policy disagreements.But, that wall street journal A series of troubling allegations of misconduct have since been reported, with company sources telling the newspaper that the board is investigating an allegation of sexual assault against a female employee during a company dinner on September 6.
Former and current employees described a pattern of behavior involving alcohol-fuelled social events hosted by the CEO. That night, Kamala reportedly encouraged employees to drink tequila during happy hour and then invited a select group of people to dinner.
Witnesses said he pushed food into a young female worker’s face, insisted she eat “like an animal” and touched her.
Witnesses also told wall street journal Kamara tried to convince the employee, who was visibly uncomfortable, to return to his apartment. The staff member immediately reported the incident to CS Disco’s head of human resources and this is not the first such complaint.
Last year, concerns about Kamala’s behavior toward female employees, including hiring practices, social gatherings and inappropriate comments, were allegedly reported to the company’s ethics hotline. The allegations were investigated, but the results have yet to be released.
Neither CS Disco nor Camara responded. of wealth Request for comment.
Other allegations suggest that Kamala engaged in disturbing practices of hiring female receptionists based on appearance and forced young employees in the Emerging Leaders rotation program to attend social events. Some compared the experience to the TV show Love Island.
A former ELRP colleague told wall street journal Kamala used his position of power to pressure younger employees to comply: “He would say, ‘If you don’t do things my way, I’m going to fire you.'”
Who is Kivi Kamara?
The Filipino-born tech executive graduated from Harvard Law School at just 19, high school at 14, and Hawaii Pacific University at 16 with a degree in computer science.
Even so, his studies were marred by inappropriate behavior. According to Kamala, during his first year at Harvard Law School in 2002, he made racist comments that stayed with him as he entered the workforce and resulted in him being rejected from major law firms.
So Camara set up his own law firm, Camara & Sibley, with his classmate Joe Sibley, and then founded CS Disco in 2013, all before he turned 30.
The company, which uses new technologies like artificial intelligence to help lawyers sift through documents and identify potential evidence, has since hired hundreds of employees, whom Camara calls “Discovians.”
In July 2021, CS Disco was listed on the New York Stock Exchange, and although its stock has performed poorly since then, Kamala has become one of the richest CEOs in the world.
The ousted CEO earned $110 million last year, making him one of only nine leaders to earn more than Apple’s Tim Cook.
CEO misconduct on the rise
If you feel like the number of CEOs making headlines for all the wrong reasons is increasing, that’s because it is.
Research shows the number of executives being ousted is increasing as the #metoo movement affects the standards we hold leaders in the corporate world.
Exchange.com has been tracking CEO departures at companies in the Russell 3000 stock index since early 2017, and the data shows that misconduct-related departures are rare but on the rise.
Meanwhile, half of the chief executive departures at the 3,000 largest U.S. companies last year were due to personal misconduct, up from 14% in 2017, according to The Conference Board.
Just yesterday, Cboe Global Markets CEO and Chairman Edward Tilly joined BP’s Bernard Looney and CNN CNN’s Jeff Zucker joins the list of leaders who have been forced out due to undisclosed relationships with colleagues.