- James M. Kilts
James M. Kilts was a
chief executive officer ofThe Gillette Company . He negotiated the sale of the company toProcter & Gamble for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase.He has been the subject of intense criticism from the Boston press, namely the
Boston Globe andBoston Herald daily newspapers, for his role in the merger withProcter & Gamble .He was then elected to the Board of Directors at
The New York Times Company in2005 .Kilts is a 1970 graduate of
Knox College in Galesburg, Illinois, and received hisMaster of Business Administration degree from theUniversity of Chicago Graduate School of Business . In addition, as an undergraduate student atKnox College , Kilts was also a member of the Delta Chapter ofTau Kappa Epsilon Fraternity.External links
* [http://www.theonion.com/content/node/33930 Inventing the 5 blade razor (satire)]
* [http://www.boston.com/news/globe/editorial_opinion/oped/articles/2005/09/14/where_gillette_ceo_went_wrong/ Where Gillette CEO went wrong]
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