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Stephen Richards (business executive)
Stephen D. Richards is a New Zealand-born technology industry business leader. Rising through the ranks of Computer Associates International, beginning at the help desk in Sydney, Australia in 1988 and climbing to be the Executive Vice President responsible for Worldwide Sales in New York in 2000, where he remained until 2004. Indicted on fraud charges in 2004, along with Computer Associates CEO Sanjay Kumar, he was subsequently sentenced to seven years in jail in 2006. Beginning in 2007 he spent 44 months in Taft Correctional Institution〔Taft Correctional Institute http://www.bop.gov/locations/ci/taf/〕 in Taft, California, before being re-sentenced to time served in 2010.〔Bloomberg: CA's Richards' Sentence Cut by Judge to Time Served http://www.bloomberg.com/news/articles/2010-10-14/ca-s-richards-s-sentence-cut-by-judge-to-time-served-for-securities-fraud〕
As part of the Harvard Business School curriculum, A Letter from Prison〔Harvard Business School http://www.hbs.edu/faculty/Pages/item.aspx?num=38193〕 by Professor Eugene Soltes〔Harvard Business School http://www.hbs.edu/faculty/Pages/profile.aspx?facId=541710〕 briefly details the history of the case and Stephen Richards insights into the financial management practices that saw him imprisoned.
== Early life and family ==
Stephen Donald Richards was born in Lower Hutt, New Zealand on February 7, 1965 and is the oldest of three siblings. He attended Upper Hutt College, and spent two years at Hawthorne Adventist High School before attending Avondale College where he studied business. He graduated in 1987 with a Bachelor of Business degree. Richards has been married twice, and has five children.
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