Wounded Warrior fires execs over spending accusations
WASHINGTON (AP) — The board of Wounded Warrior Project, one of the nation’s largest veteran support groups, has fired two top officials amid news reports accusing the group of wasteful spending.
According to a statement released on behalf of Wounded Warrior Project, chief executive officer Steve Nardizzi and chief operating officer Al Giordano are no longer with the organization. CBS News reports the two were fired after a Thursday afternoon meeting in New York.
According to CBS, Wounded Warrior Project spends 40 to 50 percent of its money on overhead — including extravagant parties — while other veterans charities have overhead costs of 10 to 15 percent. The CBS report also talked to former employees who accused the organization of making money off their injuries.
One former employee told CBS that how Wounded Warrior Project spends money is equivalent to “what the military calls fraud, waste and abuse.”