search query: @author Labich, K. / total: 58
reference: 30 / 58
| Author: | Labich, K. |
| Title: | How Dick Ferris blew it. |
| Journal: | Fortune
1987 : JUL 6, VOL. 116:1, p. 30-32, 34 |
| Index terms: | COMPANY PERFORMANCE AIRLINES MANAGEMENT APPRAISAL |
| Language: | eng |
| Abstract: | Background to the removal of Richard J. Ferris, CEO of Allegis Corp., the parent company of United Airlines, Hertz rental and the Westin and Hilton hotel chains. His failure to persuade shareholders to wait for Allegis to become a travel empire. Disposal of Hertz and hotels and plan for pilots and unions share of company to gain wage and productivity concessions. 29-day airline strike settlement. Undervaluation of stock. Issue of new stock. Takeover speculation and recapitalization adding to long-term debt. A box gives earnings multiple. |
SCIMA