Dennis Kozlowski was named CEO of Tyco in 1992 and is credited with a series of successful mergers and acquisitions as well as Tyco’s expansion in the late 1990s. Kozlowski became notorious for his extravagant lifestyle, and he was indicted for tax fraud regarding purchases of fine art. In June 2005, he was convicted of misappropriating more than $400 million of Tyco’s corporate funds.