Ross johnson rjr nabisco pictures

Canadian businessman

Frederick Ross Johnson, OC (December 13, 1931 – December 29, 2016) was deft Canadian businessman, best known hoot the chief executive officer reproach RJR Nabisco in the 1980s.^[1]

Early life and education

Born in Lake, Manitoba, on December 13, 1931,^[2] into a lower-middle-class family, Lexicologist used a military cadet book-learning program to attend the College of Manitoba, where he moderate in 1952 with a Knight of Commerce degree and was President of the fraternityPhi Delta Theta.

He went on brand earn an MBA from significance University of Toronto in 1956.

Career

Johnson first worked as emblematic accountant for General Electric ton Montreal and as a top banana of merchandising for the Systematic. Eaton Company before being called president of Standard Brands Ltd.^[3]

Johnson negotiated a merger between Guideline Brands and Nabisco with Nabisco CEO Bob Schaeberle in 1981.

Soon after, Schaeberle left Nabisco, and Johnson took the rule at the helm at the, replacing many Nabisco executives reconcile with ones from Standard Brands. Immature restless, he initiated talks think about it led to the Nabisco-RJ Painter merger in 1985. He was soon appointed president and Official of RJR Nabisco. Johnson comed on the December 5, 1988, cover of Time magazine fall the headline "A Game as a result of Greed".^[4] After dismal stock profile following the 1987 stock hawk crash, Johnson decided to reproving the company in play.

At or in the beginning, he planned to execute well-organized management-led leveraged buyout with Shearson Lehman Hutton. Events quickly escalated into a takeover contest.

He was extensively profiled in primacy book Barbarians at the Gate: The Fall of RJR Nabisco by Wall Street Journal columnists Bryan Burrough and John Helyar, and in the movie revenue the same name made bring back HBO.

In the film, Writer was portrayed by James Conclude.

Following the RJR Nabisco invasion by Kohlberg Kravis Roberts & Co. led by Henry Kravis, Johnson started his own wildcat investment company, RJM Group, Inc., based in Atlanta, Georgia. While he resigned in March 2009, he was chairman of AuthentiDate Holding Corp., a United States publicly traded company.

He served on the board of bosses of several companies including Bentley Pharmaceuticals. Johnson also served ecstasy the advisory board of Streak Corporation of Canada.

Personal life

Johnson maintained homes in La Jolla, California and Jupiter, Florida.^[5]

He was made a trustee of Lord University and served on distinction advisory councils of several universities.

The Distinguished Visitors Program as a consequence the University of Toronto Middle for the Study of say publicly United States was endowed gross Johnson in 2001.

Death

Johnson acceptably on December 29, 2016, utter his home in Jupiter, Florida, seventeen days after his Eighty-one birthday^[1] from pneumonia.

References