Wackenhut Chief Exits as Reactor Guards Caught Asleep

Wackenhut Corp. Chief Executive Officer Gary Sanders left a month after the security company lost contracts from Exelon Corp. because guards fell asleep on the job at a nuclear power plant.

Sanders, 55, will be replaced by G4S Plc Chief Operating Officer Grahame Gibson, Wackenhut said in a statement today. Gibson will continue to serve as operating chief and a board member of UK-based G4S, parent company of Wackenhut.

Exelon, owner of the largest fleet of U.S. commercial reactors, said last month it was terminating all nuclear-plant security contracts with Wackenhut after guards at its Peach Bottom reactor in Pennsylvania were videotaped asleep while on duty. The videotapes were made public in September.

``They had so many other problems,'' David Lochbaum, director of the nuclear safety project for the Union of Concerned Scientists, said about Wackenhut. ``It's no single disaster that caused this resignation, it's the potpourri of disasters.''

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