James M. Kilts
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James M. Kilts
James M. Kilts was a chief executive officer of The Gillette Company. He negotiated the sale of the company to Procter & Gamble for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase. Kilts is currently a partner at Centerview Partners, an investment banking and private equity firm based in New York City. In that role he was involved in the sale of Big Heart Pet Brands, and is now looking to raise a special-purpose acquisition company (SPAC) for a new acquisition. He was then elected to the Board of Directors at The New York Times Company in 2005. He is a member of the Cato Institute Board of Directors. Kilts is a 1970 graduate of Knox College in Galesburg, Illinois, and received his Master of Business Administration degree from the University of Chicago Booth School of Business. In addition, as an undergraduate student at Knox College, Kilts was also a member of the Delta chapter of Tau Kappa Epsilon Tau Kappa Eps ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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The Gillette Company
Gillette is an American brand of safety razors and other personal care products including shaving supplies, owned by the multi-national corporation Procter & Gamble (P&G). Based in Boston, Massachusetts, United States, it was owned by The Gillette Company, a supplier of products under various brands until that company merged into P&G in 2005. The Gillette Company was founded by King C. Gillette in 1901 as a safety razor manufacturer. Under the leadership of Colman M. Mockler Jr. as CEO from 1975 to 1991, the company was the target of multiple takeover attempts, from Ronald Perelman and Coniston Partners. In January 2005, Procter & Gamble announced plans to merge with the Gillette Company. The Gillette Company's assets were incorporated into a P&G unit known internally as "Global Gillette". In July 2007, Global Gillette was dissolved and incorporated into Procter & Gamble's other two main divisions, Procter & Gamble Beauty and Procter & Gamble Household Care. Gillette's brands ...
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Procter & Gamble
The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer health, personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric & home care; and baby, feminine, & family care. Before the sale of Pringles to Kellogg's, its product portfolio also included food, snacks, and beverages. P&G is incorporated in Ohio. In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley, the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leadi ...
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Centerview Partners
Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ... advisory firm. Centerview has 60 partners and 300 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes. Founded in 2006 by a group of senior investment bankers, the firm is headquartered in New York City with offices in London, Paris, Chicago, Los Angeles, Palo Alto, California, Palo Alto and San Francisco. History Centerview was founded in July 2006 and is currently led by, Blair Effron, former Vice Chairman of UBS AG, and Robert Pruzan, former CEO of Dresdner Kleinwort Wasserstein, Dresdner Kleinwort Wasserstein North America and President of W ...
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Big Heart Pet Brands
Big Heart Pet Brands is an American company that manufacturers, distributes and markets branded pet food and other products for the U.S. retail market. Now a subsidiary of The J.M. Smucker Company, it is headquartered at the One Maritime Plaza in San Francisco. Big Heart Pet Brands was previously the pet food division of Del Monte Foods prior to their 2014 sale to Del Monte Pacific Limited. They generated approximately $2.0 billion in net sales in fiscal 2013. Their brands included Meow Mix, Kibbles 'n Bits, Milk-Bone, 9Lives, Gravy Train, Nature's Recipe, Canine Carry Outs, Pup-Peroni, and Milo's Kitchen, among others. Big Heart Pet Brands also produces and distributes private label pet products. On February 3, 2015, it was announced The J.M. Smucker Company would acquire Big Heart Pet Brands for $5.8 billion. J.M. Smucker took over the former Big Heart's brands, marketing under its name. Pentobarbital detection in Gravy Train dog food in 2018 After pentobarbital—a barbitu ...
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Special-purpose Acquisition Company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process and the associated regulations thereof. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the United States, SPACs are registered with the SEC and considered publicly-traded companies; the general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds". The majority of companies pursuing SPACs do so on the Nasdaq or New York Stock Exchange in the United States, althoug ...
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The New York Times Company
The New York Times Company is an American mass media company that publishes ''The New York Times''. Its headquarters are in Manhattan, New York City. History The company was founded by Henry Jarvis Raymond and George Jones in New York City. The first edition of the newspaper ''The New York Times'', published on September 18, 1851, stated: "We publish today the first issue of the New-York Daily Times, and we intend to issue it every morning (Sundays excepted) for an indefinite number of years to come." The company moved into the cable channel industry, purchasing a 40% interest in the Popcorn Channel, a theatrical movie preview and local movie times, in November 1994. In 1996, it expanded upon its broadcasting by purchasing Palmer Communications, owners of WHO-DT in Des Moines and KFOR in Oklahoma City. The company completed its purchase of ''The Washington Post'' 50 percent interest in the '' International Herald Tribune'' (''IHT'') for US$65 million on January 1, 2003, bec ...
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Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, ...
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Knox College (Illinois)
, mottoeng = Truth , established = , type = Private liberal arts college , endowment = $170.2 million (2019) , president = C. Andrew McGadney , city = Galesburg, Illinois , country = U.S. , enrollment = 1,200 , faculty = 120 , campus = Small city , athletics_affiliations = NCAA Division IIIMidwest Conference , mascot = Prairie Fire (nickname), Blaze (mascot) , colors = Purple and gold , website = , footnotes = Knox College is a private liberal arts college in Galesburg, Illinois. It was founded in 1837 and offers more than 60 courses of study. History Knox College was founded as Knox Manual Labor College by Presbyterians and Congregationalists from New York state organized by George Washington Gale, who previously had founded the Oneida Institute. Gale in 1836 released a "Circular and Plan" for the founding of manual labor colleges which described a subscriber- and land purchase-based method of funding. His plan resulted in the founding of at least on ...
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Master Of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing ...
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University Of Chicago Booth School Of Business
The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. The school has the third-largest endowment of any business school. Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, and Reckitt Benckiser. History The University of Chicago Booth School of Business traces its roots back to 1898 when university faculty member James Laurence Laughlin chart ...
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Tau Kappa Epsilon
Tau Kappa Epsilon (), commonly known as or Teke, is a social college fraternity founded on January 10, 1899, at Illinois Wesleyan University. The organization has chapters throughout the United States and Canada, making the Fraternity an international organization. Since its founding in 1899, Tau Kappa Epsilon Fraternity has never had an exclusionary or discriminatory clause to prevent individuals from joining and has instead admitted members based on their "personal worth and character". As of fall 2022, there are 222 active chapters and colonies with over 296,000 lifetime members. While Tau Kappa Epsilon is primarily mentioned as a collegiate fraternity, the organization emphasizes that it is a "Fraternity for Life". Many chapters have active alumni associations that support philanthropic causes, mentor collegiate members, and host social events. Famous Teke alumni that continued their involvement with the Fraternity include NFL quarterback Terry Bradshaw, country music singer ...
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