Word: ceos
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Dates: during 1990-1999
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CHAIRMAN, CEO: Reginald K. Brack...
...this effort Johnson and six cronies combined forces with James Robinson III, the well-liked but not especially effective CEO of American Express, and Peter Cohen, the not-so-well-liked and not-at-all-effective chairman and CEO of Amex's subsidiary, Shearson Lehman Hutton. The triumvirate offered stockholders a bid of $75 a share, which added up to billions less than RJR was worth, making it quite a steal. Worse, the deal left Johnson in control and allowed him a package under which he and his pals could haul in as much as $2.5 billion. Yes, billion...
...Helyar also portray him as a Machiavellian cutthroat who betrayed numerous colleagues on his way - to the top, a spendthrift who moved the RJR Nabisco headquarters to Atlanta -- callously firing thousands of employees in the process -- in part because he didn't like "bucolic" Winston-Salem, and a derelict CEO who repeatedly misled his shareholders, his employees and his board of directors...
CHAIRMAN, CEO: Reginald K. Brack...
CREDIT: [TMFONT 1 d #666666 d {Source: Hay Group}]CAPTION: THE SHIFT IN CEO...