Global Crossing Loses Another Board Member

Global Crossing Inc., the target of both civil and criminal investigations of its accounting practices, said that Geoffrey Kent resigned from its board, effective immediately.

It was the third resignation by a director since the company filed for bankruptcy protection Jan. 28, and came as critics questioned whether the board had exercised sufficient independent oversight.

The company said Kent’s outside commitments as chairman and chief executive of global tour operator Abercrombie & Kent Group left him without enough time to devote to Global Crossing.