Word: cfo
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...investment banker, Cameron, 37, managed a $50 million IPO for Acambis, a London vaccine producer. As its CFO, he helped Acambis win a $430 million contract from the U.S. to supply smallpox vaccine, a contract that transformed the company from a small R.-and-D. shop into a drugmaker with clout. So it's no wonder that the Acambis board took a chance on Cameron and named him CEO. The Scotsman, whose hobbies include golf, will try to tee up the first West Nile--virus vaccine in his first months...
...fact that he used Tyco money for a yacht, kept his mistresses on the payroll and (possibly therefore) also let Tyco finance a $5 million diamond ring for his wife. How could he have criminal intent if it was all out in the open? By contrast, Scott Sullivan, former CFO of WorldCom, engaged in a more traditional form of gall in pleading guilty to $11 billion worth of accounting fraud. It was a "misguided effort to save the company," he said. Call this the Vietnam defense: it was necessary to destroy the company in order to save...
...someone who shares my love of endlessly dissecting Mergers and Acquisitions, who would respond to my outraged, “She’s 25 and he’s 73!” with a measured, “But he’s a CFO. And a Kennedy...
WORLD BEATERS A17 Chiquita's top banana; Cadbury's CFO; Janus' global maven; GM's man in Africa...
...HANNA Candy Cruncher Change and challenge are getting familiar to Hanna, 50. He engineered the late-1990s breakup of the British food conglomerate Dalgety after earlier stints in finance at Avis Europe and Guinness. Now Hanna is leaving a London private-equity firm to become CFO of Cadbury Schweppes in April. He will spearhead the confection-and-beverage company's four-year plan to cut costs by closing some factories and shrinking its work force 10%. Also on the agenda: integrating Adams, which Cadbury bought from Pfizer for $4.2 billion, gaining brands such as Trident, Halls and Dentyne...