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| Subject:
Give me a famous case that a company make profit because CEO did reorganization
Category: Business and Money Asked by: ring33-ga List Price: $2.00 |
Posted:
22 May 2005 19:30 PDT
Expires: 21 Jun 2005 19:30 PDT Question ID: 524477 |
including the company name, the CEO name, and the time they did reorganization |
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| Subject:
Re: Give me a famous case that a company make profit because CEO did reorganization
Answered By: taxmama-ga on 22 May 2005 19:40 PDT Rated: |
Dear Ring, One of the most famous examples is: Chrysler Corporation CEO - Lee Iacocca saved the company http://www.absoluteastronomy.com/encyclopedia/L/Le/Lee_Iacocca.htm Years - late 1970s, early 1980s. He left Chrysler in 1992 Best wishes Your TaxMama-ga |
ring33-ga
rated this answer:
answered very fast. thank you! |
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| Subject:
Re: Give me a famous case that a company make profit because CEO did reorganizat
From: zulo-ga on 22 May 2005 23:43 PDT |
Another more recent one, is Algoma Steel Corp. (ASI) Denis Turcotte has taken the company from the brink of extintion (under bankruptcy protection just 5 years ago). Their last quarter EBITDA (Earnings before Interest, Taxes, Depreciation, and Amatorization) was $157.8M, making this the 5th quarter in a row with a sales increase. |
| Subject:
Re: Give me a famous case that a company make profit because CEO did reorganization
From: hady_an-ga on 24 May 2005 02:58 PDT |
One of the most recent famous cases: Company name: Nissan CEO: Carlos Ghosn (Lebanese) Years: 1999-2000 |
| Subject:
Re: Give me a famous case that a company make profit because CEO did reorganization
From: esage-ga on 29 May 2005 08:18 PDT |
The classic, text book case of a CEO taking dramatic action was when Bill Gates realized in 1995 that the internet had surfaced as a major business tool, and that Netscape had market domination. He worried Netscape could threaten his empire and pulled all workers off non-urgent tasks, hired others and set out to wrest control of the browser business from Netscape. He all but destroyed Netscape and Explorer remains the browser of choice for the western world. http://news.com.com/2009-1032-995681.html |
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