USA Swimming places CFO on leave after learning of arrest for embezzlement while working at CU
Summary
USA Swimming has put its chief financial officer, Cory Hilliard, on leave after finding out he was arrested for stealing money while working at the University of Colorado. The organization is investigating the situation and has cut his access to financial information.Key Facts
- Cory Hilliard is USA Swimming’s chief financial officer (CFO).
- He was arrested for theft and embezzlement at the University of Colorado.
- Hilliard allegedly took $9,510 from the university’s Nike Elite program for personal use.
- He was hired by USA Swimming in December 2023.
- USA Swimming learned of his arrest on Monday and immediately placed him on leave.
- His access to data and financial controls at USA Swimming was removed.
- USA Swimming’s CEO, Kevin Ring, hired Hilliard after taking over the organization in September 2023.
- USA Swimming is conducting its own investigation into the case.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
