Starwood CEO's Ouster Followed
Battle with Board Over His Conduct
By PETER SANDERS and JOANN S. LUBLIN
April 7, 2007; Page A1

The abrupt departure of Steven J. Heyer from Starwood Hotels & Resorts Worldwide Inc. followed a confrontation with the company's board ignited by an anonymous letter accusing him of personal misconduct, according to people familiar with the situation.

Mr. Heyer -- who denies engaging in any impropriety -- was unexpectedly ousted as chief executive officer this past week, and in the process opted to forfeit an estimated $35 million of severance compensation. . .


(Content removed by moderator, violation of FT rules regarding posting of copyrighted materials. The article was on Page 1 of Saturday's Wall Street Journal and presumably available online to subscribers, though I could not get wsj.com to load in order to post a link - sorry. -AZ)