Word: turnarounds
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...public presence have recently begun to swell, Fiat chairman Luca di Montezemolo and ceo Sergio Marchionne are still largely in charge. The Fiat Group, which counts CNH tractors and Iveco trucks among its holdings, has been buoyed recently by strong numbers from its once-suffering automobile division. Under the turnaround leadership of Marchionne, in the first five months of the year, European sales of the auto group (which includes the Fiat, Lancia and Alfa Romeo brands) jumped 23.2% over 2005 numbers, to around 520,000 units, representing nearly half of overall company revenues. And that's at a time when...
...last September to push their stake in Fiat back above 30% for the first time since the bank bailout. Elkann has been working hand in hand with IFIL chairman, Gianluigi Gabetti, 81, among Agnelli's closest confidantes. The pair picked Marchionne, the man largely responsible for the car company turnaround. Besides launching two successful new models, the Panda and Grande Punto, and streamlining management, Marchionne personally negotiated the deal that forced General Motors to pay out $2 billion to Fiat to free itself from a put option in the companies' 2000 joint-operating accord that could have forced...
...photo shoot. With not only the Ivy League Championship but also the NCAA Championship under their belts, they have something to celebrate.And at the edge stands the man who made it all happen. Peter Brand, head coach of the Harvard fencing program since 1999, has overseen an almost miraculous turnaround in the sport’s fortunes at the University. When he arrived in Cambridge, Harvard fencing was a relative nonentity on the national map. Now, however, thanks to a mix of Brand’s canny recruitment of both fencers and deputy coaches and his own coaching style...
...while they dismantled their opponents.“Nothing can stop the bus,” Brand says.***The inevitability of such a proposition would have been laughable four years ago, long before the Crimson was sending enough fencers to qualify for the title, much less win it. The turnaround of Harvard’s fencing program in just four years has made for one of collegiate athletics’ most remarkable recent stories. Seniors Chloe Stinetorf, Anne Austin, Amy Li, David Jakus, and Julian Rose lived theirs from start to conclusion. Still today, the group represents the first real...
...victories. The summary dismissal foiled the squad’s plans of back-to-back titles, and left Harvard head coach Joe Walsh searching for answers.“It was just a tough day,” Walsh said. “There was no turnaround point...We didn’t do a good enough job; they beat us hitting-wise [and] pitching-wise.”Up to that fateful meeting with Princeton, Walsh’s Crimson had established itself as the Ivies’ team to beat, rounding into form as the calendar turned...