The CBMC (Christian Business Mens Connection) hosted special guest speaker Scott Sullivan during a luncheon at the Tower Club on September 21. Scott shared his very public story… humbly and transparently, pulling no punches on his past activities with WorldCom.
Sullivan worked 30+ years in finance and business development including eight years as a public company Fortune 500 Chief Financial Officer. The majority of his career has been in telecommunications and technology.
In 1989, Scott moved to South Florida and joined Telus Communications as CFO. The company was soon bought by ATC Long Distance which was then later bought by WorldCom. In 1994, Scott was promoted to Chief Financial Officer of WorldCom and two years later to the board of directors. In 1998, he was awarded the Chief Financial Officer of the year in the mergers and acquisitions category for the purchase of MCI, it was the largest transaction in the world at the time.
However in June 2002, Scott was fired by the board of directors of WorldCom and two months later arrested by the FBI for accounting fraud. He pled guilty to federal charges, cooperated with the United States government, and was sentenced to 5 years in prison.
Today Scott and his wife Susie live in South Florida and they have three adult children. Scott received Jesus Christ as his Lord and Savior on April 16, 2006.
God’s story shined brightly through Scott’s testimony, reflecting hope to those that may find themselves in the valley of life. God does use the valley to bring each of us into Jesus’ saving grace! Thank you Scott Sullivan for encouraging our community to draw closer to God, through His Son, Jesus!