Reddy Puts Exec On Ice As Probe Proceeds

Law360, New York (September 15, 2008, 12:00 AM EDT) -- As the antitrust probe of Reddy Ice Holdings Inc. deepens, the packaged ice seller has removed a top executive amid an internal finding that suggests he might have been involved in wrongdoing.

On Monday, Reddy Ice revealed that Ben D. Key, the executive vice president in charge of sales and marketing, had been relieved of his duties in the wake of an internal investigation.

While the board’s special investigatory committee has not determined whether Kay did anything wrong, the group apparently turned up enough evidence to...
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