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...some $6 billion worth of RJR food brands to reduce the leveraged company's swollen debt, he talked of shifting RJR headquarters from Atlanta, where Johnson moved it last year, back to its traditional home in Winston-Salem, N.C. Kravis said he will install retired RJR chairman J. Paul Sticht, 71, in the top job again for several months to smooth the transition...

Author: /time Magazine | Title: 250,000,000,000 Buyout Barons : KKR outfox Ross Johnson's group | 12/12/1988 | See Source »

...week that he was relinquishing his title. Fred Lazarus Jr. turned full command over to Son Ralph, 53, and will keep only the honorary assignment of executive committee chairman of Federated Department Stores Inc. The man succeed ing Ralph as president of the Cincinnati-based organization is J. Paul Sticht, 49, a onetimeCampbell Soup Co. executive who joined Federated in 1960 and has been serving as a vice chairman, along with Maurice Lazarus, an other of Fred's sons. Sticht will handle operations of the 97-stores while Ralph Lazarus will concern himself with planning and expansion...

Author: /time Magazine | Title: Retailing: Shuffling the Lazari | 9/29/1967 | See Source »

...most significant addition was Sticht, who worked his way through Grove City (Pa.) College as a steel-mill laborer and campus odd-jobber. Sticht got his management experience at TWA and Campbell's, where he was head of the international division when the Laz ari-as Cincinnatians call the merchandising family-persuaded him to try his skills at retailing...

Author: /time Magazine | Title: Retailing: Shuffling the Lazari | 9/29/1967 | See Source »

While the gang was getting rid of Sticht, police were questioning the Panther captured at the gas station. He named names; the whole gang was rounded up, and all were sentenced to two years in reform school. Not one Panther mentioned the murder of Sticht. When they got out in 1949, Werner drew up a constitution for the gang: "Security for all members, adequate living standards, 1,500,000 Deutsche Mark ($357,143) to be amassed by all possible means, legal or illegal. . . treason to Panther Bande punishable by death." The document was signed in blood. Werner lost no time...

Author: /time Magazine | Title: WEST GERMANY: Panthers in the Streets | 5/25/1953 | See Source »

Young & Silly. They also fell in with a 24-year-old petty criminal named Albrecht Sticht, who persuaded them to rob a service station. But a night watchman foiled the gang and grabbed one of the boys as they tried to get away. In a fiery rage. Werner decided to kill Sticht. "It's hard to say exactly why," mused Hugo last week. "We were young and silly then. Sticht had joined our gang later and we didn't trust him." At Werner's orders, Sticht was lured to a lonely house and shot in the back...

Author: /time Magazine | Title: WEST GERMANY: Panthers in the Streets | 5/25/1953 | See Source »

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