Back in the saddle. (interview with RJR Nabisco CEO Charles Michael Harper) (Cover Story)
From: Chief Executive (U.S.)
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Date: 5/1/1994
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Author: McCarthy, Joseph L.
&type=MAGS "Chief Executive (U.S.)")
Recently appointed RJR Nabisco CEO Charles Michael Harper claims that his company's three new priorities are earnings, earnings and earnings. After devoting several years to debt repayment and succeeding in reducing its debt from $29.1 billion in 1989 to just $12.4 billion in 1993, Harper believes that it is now time to concentrate on generating earnings. He maintains that if RJR Nabisco sells any more of its assets, it will no longer be for the purpose of debt reduction, but because it does ...
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