J– Is sentenced to five months in prison, five months home confinement after release, two years’ probation, and fined $30,000. – Martha Stewart Living Omnimedia announces that Martha Stewart Living Television will be put on hold for Season 12, the 2004-2005 season. Ma– Resigns as chief creative officer of Martha Stewart Omnimedia. Revlon announces that Stewart has submitted her resignation from the company’s board of directors. Ma– Viacom announces it is dropping Stewart’s television show, “Martha Stewart Living,” from its CBS and UPN television networks. Ma– Is found guilty on four counts: two counts of making false statements, one count of obstruction of justice, and one count of conspiracy. Stewart steps down as chairman and CEO of Martha Stewart Omnimedia, but remains on the board and takes role of chief creative officer. J– Is indicted on nine charges, including securities fraud and obstruction of justice, Stewart pleads not guilty. J– Stewart comes under investigation by the Justice Department and the SEC for her sale of shares of ImClone Systems the day before a company announcement that sent the price of ImClone plummeting. Stewart becomes America’s first self-made female billionaire.ĭecem– Stewart sells almost 4,000 shares of ImClone Systems, headed by her friend Samuel Waksal. Octo– Martha Stewart Living Omnimedia launches its initial public offering, raising close to $130 million on its first day of trading. Changes the company’s name to Martha Stewart Living Omnimedia. Martha by Mail, a direct-mail catalog business, is launched.ġ997 – Buys-out Time Inc.’s share of Martha Stewart Enterprises, valued at approximately $53 million. begins publishing the Martha Stewart Living magazine.ġ993 – Syndicated TV show, “Martha Stewart Living,” debuts.ġ995 – Begins writing a weekly syndicated newspaper column. 1968-1973 – Works as a stockbroker for the firm Monness, Horstman, Williams and Sidel.ġ976 – Launches a catering business in Westport, Connecticut.ġ982 – Publishes her first book, “Entertaining.”ġ987 – Is appointed K-Mart’s lifestyle consultant.ġ991 – Time Inc.
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