ers ▁were ▁under st ated . ▁ ▁In ▁April ▁ 2 0 1 1 , ▁System ax ▁placed ▁F ior ent ino ▁on ▁administrative ▁leave . ▁On ▁May ▁ 9 , ▁ 2 0 1 1 , ▁F ior ent ino ▁agreed ▁to ▁res ign ▁from ▁all ▁of ▁his ▁positions ▁with ▁System ax , ▁surrender ▁stock ▁and ▁stock ▁options ▁val ued ▁at ▁approximately ▁$ 9 . 1 ▁million , ▁and ▁rep ay ▁his ▁ 2 0 1 0 ▁annual ▁bonus ▁of ▁$ 4 8 0 , 0 0 0 . ▁With ▁F ior ent ino ' s ▁departure , ▁Robert ▁Le eds , ▁System ax ' s ▁found ing ▁CE O ▁of ▁the ▁technology ▁division , ▁took ▁over ▁as ▁CE O ▁of ▁System ax ' s ▁technology ▁products ▁group . ▁ ▁F ior ent ino ▁agreed ▁to ▁sett le ▁the ▁SE C ▁charges ▁by ▁pay ing ▁a ▁$ 6 5 , 0 0 0 ▁fine ▁and ▁consent ing ▁to ▁a ▁permanent ▁bar ▁from ▁serving ▁as ▁an ▁officer ▁or ▁director ▁of ▁any ▁public ly ▁held ▁company . ▁ ▁On ▁December ▁ 3 , ▁ 2 0 1 4 , ▁Gilbert ▁and ▁Carl ▁F ior ent ino ▁ple aded ▁guilty ▁for ▁their ▁participation ▁in ▁a ▁b ri ber y ▁scheme , ▁after ▁it ▁was ▁found ▁that ▁between ▁during ▁his ▁employ ment , ▁Carl ▁had ▁received ▁over ▁$ 7 ▁million ▁in ▁kick back s ▁from ▁supp liers ▁he ▁had ▁entered ▁into ▁agre ements ▁with ▁System ax , ▁and ▁obsc ured ▁his ▁participation ▁in ▁these ▁agre ements