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SEC charges former CEO of Church & Dwight for hiding friendship with company executive

Executives at end of conference table
Photo: Terry Vine

The independent director was accused of violating proxy regulations by concealing the relationship.

James R. Craigie, who had previously occupied prominent positions at manufacturing company Church & Dwight, has been charged by the SEC with acting as an independent director without disclosing that the was close personal friends with a company executive.

He has agreed to settle paying a $175,000 penalty and agreeing

According