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The unflappable Roy Ash.

Authors :
Galluccio, Nick
Source :
Forbes; 12/8/1980, Vol. 126 Issue 12, p38-39, 2p
Publication Year :
1980

Abstract

The article reports that AM International chairman and chief executive officer (CEO) Roy L. Ash remains optimistic despite a projected net loss of 9 million dollars for the company in the first quarter of 1981. It notes that Ash is expecting to restore the company's positive cashflow by omitting quarterly dividends, reducing inventory, and raising capital through a stock or debt offering. Ash attributes the company's revenue loss to poor financial controls.

Details

Language :
English
ISSN :
00156914
Volume :
126
Issue :
12
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
92532138