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In September 2006, Monster suspended Myron Olesnyckyj pending the internal critique irregular stock choice grants. He had held the titles of senior vice president, common counsel, and secretary. In the course of his time at the company's helm, its stock value declined by more than 90% and it lost 93% of its market capitalization, falling from US$five.5bn when he was named CEO to under $400M when he departed. Shares of Monster.com jumped 12% in pre-industry trading with the announcement of his departure.

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