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F Ross Johnson

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Nationality  Canadian
Occupation  Businessman

Name  F. Johnson
Role  Businessman
F. Ross Johnson QUOTES BY F ROSS JOHNSON AZ Quotes
Full Name  Frederick Ross Johnson
Born  1931 (age 84–85)Winnipeg, Manitoba
Alma mater  University of Toronto (M.B.A.) University of Manitoba (B.Com.)
People also search for  John Helyar, Bryan Burrough, Henry Kravis
Education  University of Manitoba, University of Toronto
Ex-spouse  Susan Johnson, Laurie Johnson

Marketplace magazine interview f ross johnson 2009 part 1 3


Frederick Ross Johnson, OC (December 13, 1931 – December 29, 2016) was a Canadian businessman, best known as the chief executive officer of RJR Nabisco in the 1980s.

Contents

F. Ross Johnson httpswwwphideltathetaorgwpcontentuploads2

Marketplace magazine interview f ross johnson 2009 part 2 3


Early life and education

F. Ross Johnson Marketplace Magazine Interview F Ross Johnson 2009

Born in Winnipeg, Manitoba on December 13, 1931, into a lower-middle-class family, Johnson used a military cadet scholarship program to attend the University of Manitoba, where he graduated in 1952 with a Bachelor of Commerce degree and was a member of the fraternity Phi Delta Theta. He went on to earn an MBA from the University of Toronto in 1956.

Career

F. Ross Johnson F Ross Johnson Who Allowed RJR Nabisco Buyout Dies at 85

Johnson first worked as an accountant for General Electric in Montreal and as a vice-president of merchandising for the T. Eaton Company before being named president of Standard Brands Ltd.

F. Ross Johnson Former RJR Nabisco CEO Johnson dies leaves controversial legacy

Johnson negotiated a merger between Standard Brands and Nabisco with Nabisco CEO Bob Schaeberle in 1981. Soon after, Shaeberle left Nabisco, and Johnson took the helm, replacing many Nabisco executives with ones from Standard Brands. After growing restless, he went into talks that led to the Nabisco-RJ Reynolds merger in 1985. He was soon appointed President and CEO of RJR Nabisco. Johnson appeared on the December 5, 1988 cover of Time Magazine. After dismal stock performance following the 1987 Stock Market Crash, Johnson decided to put the company in play. Originally, he planned to execute a management-led leveraged buyout with Shearson Lehman Hutton. Events quickly escalated into a takeover contest.

F. Ross Johnson F Ross Johnson former RJR Nabisco chief dies at 85 The

He was extensively profiled in the book Barbarians at the Gate: The Fall of RJR Nabisco by Wall Street Journal columnists Bryan Burrough and John Helyar, and in the movie of the same name made for HBO. In the film, Johnson was portrayed by James Garner.

F. Ross Johnson Marketplace Magazine Interview F Ross Johnson 2009 PART 23

Following the RJR Nabisco takeover by Kohlberg Kravis Roberts & Co. led by Henry Kravis, Johnson started his own private investment company, RJM Group, Inc., based in Atlanta, Georgia. Until he resigned in March 2009, he was Chairman Of AuthentiDate Holding Corp., a United States publicly traded company. He served on the board of directors of several companies including Bentley Pharmaceuticals. Johnson also served on the advisory board of Power Corporation of Canada.

Personal life

Johnson maintained homes in La Jolla, California; and Jupiter, Florida.

He was made a trustee of Duke University and served on the advisory councils of several universities. The Distinguished Visitors Program at the University of Toronto Centre for the Study of the United States was endowed by Johnson in 2001.

Death

Johnson died on December 29, 2016 at his home in Jupiter, Florida, seventeen days after his 85th birthday.

References

F. Ross Johnson Wikipedia


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