Terence M. O'Sullivan Net Worth 2024, Age, Height, Bio, Birthday, Wiki!

Explore Terence M. O'Sullivan net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Terence M. O'Sullivan? Who is Terence M. O'Sullivan dating now & how much money does Terence M. O'Sullivan have?

Terence M. O'Sullivan Biography

Terence M. O'Sullivan is one of the most popular and richest Trade Unionist who was born on June 29, 1955 in San Francisco, California, United States. O’Sullivan was born in San Francisco, California, in the year 1955. He was the son of Terence J. O’Sullivan was a member of the Laborers’ Union and the family relocated from California to Virginia in 1968 when the election of his father as to the secretary-treasurer of the international union. (His father was charged for kickbacks in 1981, but was acquitted. scheme, but was cleared.)

The year 1987 saw O’Sullivan’s teaching skills and computer passions merged as he became as an teacher at West Virginia’s Laborers Training Fund. In his post, he led workshops on training and assisted blue-collar workers programming and operating the latest computerized heavy equipment. As the head of the fund for training, O’Sullivan joined the LIUNA Local 1353, which is located in Charleston, West Virginia. He joined the union in 1989 and took over as the administrator of the fund.

The United States Department of Labor (DOL) and United States Department of Justice (DOJ) had prosecuted the Laborers’ Union in 1995 for racketeering, corruption and ties to organized crime. A consent decree permitted Coia (elected in 1992) to remain president so long as he made significant progress toward internal reforms. DOJ retained the authority to take over the union (appointing its own officers, setting its own budget, and making its own reforms) if Coia did not make what DOJ considered to be adequate progress toward reform. The agreement was modified and extended for one year in January 1998, and again in January 1999. By 1999, 226 individuals were expelled from the union, and 40 trusteeships of local unions established. A major reform was the first secret-ballot election for president and secretary-treasurer at the union’s 1996 convention, which was also the first contested election for a LIUNA presidency.

Coia, had been cleared by federal and union officials of a number of serious crimes and violation of union rules in 1998, but new evidence pointed to more fraud. According to the government, Coia obtained three Ferraris from a luxury car dealer at a cost far below fair-market value. In return, he used his influence to steer union business to the dealer. Coia later pleaded guilty to federal tax evasion and fraud. He avoided a jail term, and was permitted to retire while still receiving a portion of his salary.

After graduating, O’Sullivan was a high school teacher as well as a baseball coaching at the University of West Virginia for three years. After 1978, O’Sullivan established a computing services business. He later got married and separated from his wife having a son named Brendan and a daughter Caitlin.

Ethnicity, religion & political views

Many peoples want to know what is Terence M. O'Sullivan ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Terence M. O'Sullivan's ethnicity is Not Known. We will update Terence M. O'Sullivan's religion & political views in this article. Please check the article again after few days.

In February 1999, O’Sullivan was elected an international vice president. O’Sullivan was appointed mid-Atlantic regional manager of the union and assistant to the president, and the union’s chief of staff shortly thereafter.

Terence M. O'Sullivan Net Worth

Terence M. O'Sullivan is one of the richest Trade Unionist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Terence M. O'Sullivan's net worth $5 Million. (Last Update: December 11, 2023)

Terence M. O’Sullivan (born June 29 1955) is an activist for labor unions who has served as President of the laborers International Union of North America (LIUNA) since 1999.

O’Sullivan was a student at American University in Washington, D.C. He was a business administration major and graduated with the degree of bachelor in 1974. While at the university, he made money as a worker for a construction company that built Metro, the subway network of the city called Metro. It was at this point when he joined the Laborers Union (Local 456).

In 1993, LIUNA president Arthur Coia appointed O’Sullivan assistant director of the international union’s construction, maintenance and service trades department. O’Sullivan moved his family to Clifton, Virginia. During his tenure as assistant director of the department, O’Sullivan convinced the union to build a number of new training centers on the country.

On January 20, 2000, just weeks after his election, O’Sullivan, DOJ and DOL agreed to extend the government’s oversight of the union another six years, until January 2006.

In 2001, O’Sullivan broke with the AFL-CIO and supported the drilling for oil in Arctic National Wildlife Refuge. He even co-authored an op-ed piece with United States Secretary of the Interior Gale Norton advocating increased oil production.

Height, Weight & Body Measurements

Terence M. O'Sullivan height Not available right now. Terence weight Not Known & body measurements will update soon.

On December 6, 1999, LIUNA president Arthur Coia announced he would be retiring at the end of the year.

In 2002, while O’Sullivan was a member of the board of directors of the Union Labor Life Insurance Company (ULLICO), the company was caught up in a share repurchase scandal. In 1999, ULLICO chairman, president and chief executive officer Robert Georgine proposed a stock trading scheme: ULLICO directors could sell falling shares of stock and buy ULLICO shares at a low price. Because ULLICO is a privately held company, the board of directors re-sets the stock price once a year. The directors could re-establish the stock price at a higher level, then vote to have the company repurchase their shares. They could then set the share price at its lower level, and net millions of dollars in profits. Although present at the November 2000 board meeting at which the repurchase plan was approved, O’Sullivan did not vote in favor of the plan and did not participate in the stock-trading scheme.

Who is Terence M. O'Sullivan Dating?

According to our records, Terence M. O'Sullivan is possibily single & has not been previously engaged. As of December 1, 2023, Terence M. O'Sullivan’s is not dating anyone.

The scandal was reported by the press in March 2002. AFL-CIO president John Sweeney pushed the board to appoint an internal investigator. When the investigator’s report was complete in November 2002, Sweeney pushed the board to make the report public. A majority of the board voted to keep the report secret. Sweeney resigned from the board, then threatened to bring the matter up before a public meeting of the executive council of the AFL-CIO. The board established an eight-member special advisory committee, headed by O’Sullivan, to decide whether to release the report. The committee unanimously agreed to release the report, but O’Sullivan was out-voted 6 to 2 to accept the report’s recommendation that directors return their profits to ULLICO.

Facts & Trivia

Terence Ranked on the list of most popular Trade Unionist. Also ranked in the elit list of famous people born in United States. Terence M. O'Sullivan celebrates birthday on June 29 of every year.

In a hastily organized board meeting late on April 23, 2003, Sweeney, O’Sullivan and Edwin D. Hill (president of the International Brotherhood of Electrical Workers) nominated a reform slate of 13 new board members. Georgine withdrew his name as a candidate for the board. O’Sullivan was only one of two incumbents to return to the board. O’Sullivan was elected ULLICO’s new chairman, replacing Georgine.

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