Paul Francis Jannuzzo is an American lawyer and business executive. He is the former

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Glock, Inc and was found guilty of

racketeering Racketeering is a type of organized crime in which the perpetrators set up a coercive, fraudulent, extortionary, or otherwise illegal coordinated scheme or operation (a "racket") to repeatedly or consistently collect a profit. Originally and of ...

involving

embezzling Embezzlement is a crime that consists of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Embezzlement is a type ...

and theft of a firearm from the company. The conviction was overturned on July 9, 2013.

Career

Jannuzzo was hired in 1991 to be the

General Counsel A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department. In a company, the person holding the position typically reports directly to the CEO, and their ...

of Glock Inc., the American subsidiary of

Glock Ges.m.b.H. Glock Ges.m.b.H. (trademarked as GLOCK) is a weapons manufacturer headquartered in Deutsch-Wagram, Austria, named after its founder, Gaston Glock. While the company is best known for its line of polymer-Receiver (firearms), framed pistols, it a ...

He was later promoted to be

COO COO or coo may refer to: Business * Certificate of origin, used in international trade * Chief operating officer or chief operations officer, high-ranking corporate official * Concept of operations, used in Systems Engineering Management Process ...

, CEO and Vice President. He left the company in February 2003.

Legal issues

According to the testimony of Peter Manown who was a Vice President at the company, Manown and Jannuzzo set up a scheme to embezzle from the company. Manown confessed to

Gaston Glock Gaston Glock (born 19 July 1929) is an Austrian engineer and businessman who is the founder of the company Glock, who are best known for developing the Glock pistol in 1981. Manufacturing Glock began as a manufacturer of curtain rods in the 1960 ...

and cooperated with the prosecution of Jannuzzo. In 2009, Jannuzzo fled the country first to Mexico, and then Amsterdam, where he was later arrested and extradited to the US for prosecution. Jannuzzo was found guilty of

by the trial court in Cobb County, Georgia, and faced up to 30 years in prison. He was sentenced to 7 years in prison, and 13 years of probation. Jannuzzo said he was the victim of a vendetta. Both convictions were overturned on appeal for exceeding the statute of limitations, but did not address the merits of the original

embezzlement Embezzlement is a crime that consists of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Embezzlement is a type ...

charges. In an interview, Robert Glock, the son of Gaston Glock, said that the company was aware that Jannuzzo had the gun and wanted to return it, but that he did not testify on Jannuzzo's behalf on the advice of lawyers, and to avoid putting his father in a difficult position.

References

{{DEFAULTSORT:Jannuzzo, Paul American chief executives of manufacturing companies People convicted of racketeering American chief operating officers Vermont Law and Graduate School alumni Villanova University alumni Place of birth missing (living people) Year of birth missing (living people) New Jersey lawyers Living people 20th-century American lawyers 21st-century American lawyers Trials in Georgia (U.S. state)