Thursday's Guest

Guest For THURSDAY May 7, 2009

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GUEST:

(01-07-85 Original air date)

HENRY SWEETBAUM

Chairman & CEO - Wicks International

From 1982-1986 Mr. Sweetbaum was Chairman of Wickes International Corporation, and in that capacity served as a key member of the team that successfully led Wickes Companies Inc. through the then largest non-railroad Chapter 11 in American history.

(NOTE: The Wickes Chapter 11 was carried out in a Record Short period of time! Perhaps Mr. Sweetbuam & his associates might be enlisted to the task confronting the Current Situation with the Chrysler Corporation & other pending large Scale "Chapter 11" Proceedings within the National and World Economy?)

H.H.C.

Henry Sweetbaum: ZoomInfo Business People Information

Victor K. Kiam

(1926-2001 R.I.P.)

President & CEO Chairman Remington Products

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The program can be viewed in its entirety by clicking the you tube link below:
http://www.youtube.com/watch?v=3wY4iilgKw4 - HENRY SWEETBAUM & VICTOR KIAM

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Henry A. Sweetbaum & Victor Kiam (1926 - 2001 R.I.P.) 01-09-85) Original air date Henry A. Sweetbaum

Mr. Sweetbaum has an extensive background in the computer and telecommunications industries. He has successfully engineered turnarounds, restructurings and reorganizations within and outside of the tech-sector, and has had many years experience in mergers and acquisitions, both on the sell and the buy sides. Mr. Sweetbaum is a principal of PS Capital, LLC, an advisory and venture investment company.

Previously Mr. Sweetbaum was Chairman and Chief Executive of Wickes plc,
a pan-European retailer with sales of approximately $1billion. At Daylin, Inc. Mr. Sweetbaum participated in the successful reorganization of the Company through Chapter 11 and its sale to WR Grace. In the UK Mr. Sweetbaum served as Chairman of Huntingdon Securities focussed on corporate turnarounds, M&A and private investments.

Mr. Sweetbaum has spent more than 30-years serving as a Non-Executive Director of numerous companies, such as Silicon Systems Inc., Ashton Tate Corporation and Decision Data Corporation. He also served as Non-Executive Chairman of Data Recording Instrument Company Limited, a British Government owned company.

He is currently a member of the Investment Committee of Accelerator Technology Holdings Limited, a company registered in Bahrain, and a member of the Advisory Board of Inovent, a company formed by Sabanci University in Istanbul, to commercialise technology developed in Turkey.

Mr. Sweetbaum has published Restructuring - The Management Challenge
(Baden-Fuller 1990) and Best Practices, or Just Best People (Directors & Boards - Summer 1995 edition).

Mr. Sweetbaum recently retired from the Board of Overseers at the Wharton School, University of Pennsylvania. He is currently a member of Wharton's European Advisory Board and the Board of the SEI Center for Advanced Studies in Management.

Mr. Sweetbaum received his degree from the Wharton School,
University of Pennsylvania.

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Victor K. Kiam (07 December 1926 - 27 May 2001) was an American entrepreneur and the owner of the New England Patriots from 1988-1991.
After attending such universities as Yale, the Sorbonne and Harvard Business School, Kiam became part of the Lever Brothers and Playtex company as a salesperson. He first made his fortune as the President and CEO of Remington Products, which he famously purchased after his wife bought him his first electric shaver. In 1994, Victor Kiam sold controlling interest of Remington Products to Isaac Perlmutter. Kiam also operated two other companies: Ronson and TravelSmart. Kiam also bought the Benrus Watch Company in 1967. The company filed bankruptcy in 1977.
He became even more famous as the spokesperson for his Remington shaver. Kiam's famous catch-phrase, "I liked it so much, I bought the company!" made him a household name; the phrase "Doing a Victor Kiam" has now become a term for a customer who becomes the owner of a company. He famously recorded each advert in the native language in which the advert was broadcast.
Upon Kiam's death The Times quoted one of his closest business associates in later years, Jonathon Lyons, as saying that he was "a truly remarkable entrepreneur of the old kind - the kind they simply don't make any more."
Kiam wrote a number of business books:
�Going for It!: How to Succeed As an Entrepreneur
�Keep Going for It!
�Live to Win: Achieving Success in Life and Business
Kiam last resided in West Palm Beach, Florida.

Category: People & Blogs

Tags:

Wicks International Chapter 11 Business Restructuring Margaret Thatcher Ronald Reagan Remington Entrepreneurism Employee Ownership Profit Sharing Investment Cycles MNNnyc

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Henry Sweetbaum was co-founder of Reliance Group Holdings (NYSE) until he moved to the UK in 1970 when he was appointed Executive Director of the Plessey Company Limited. Thereafter, he successfully engineered turnarounds and achieved financial growth for a number of private and public companies in the US and the UK, including Data Recording Instrument Company, a computer peripherals manufacturer, owned by the British Government, which Mr. Sweetbaum chaired from 1976-1982. From 1982-1986 Mr. Sweetbaum was Chairman of Wickes International Corporation, and in that capacity served as a key member of the team that successfully led Wickes Companies Inc. through the then largest non-railroad Chapter 11 in American history. In 1986 he led the management buyout of Wickes plc and served as Chairman and CEO until 1996. In 1997 he co-founded PS Capital LLC, an American company that advises and invests in companies in Asia, Europe and the U.S.
Mr. Sweetbaum has served on the Board of a number of companies as a Non-Executive Director. He is presently a member of the Investment Committee of Accelerator Technology Holdings, a private equity firm based in Amman, Jordan and serves as a member of the Inovent Advisory Board, which is affiliated with Sabanci University, Istanbul, Turkey.
He has published: Restructuring - the Management Challenge (Baden-Fuller 1990) and Best Practices, or Just Best People, (Directors and Boards, Summer 1995 Edition). He is a companion of the British Institute of Management and has served on various Boards at the Wharton School, University of Pennsylvania, including the Board of Overseers. He is presently a member of the Board of the SEI Center for Advanced Studies in Management.
FEBRUARY, 2007

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Victor K. Kiam (07 December 1926 - 27 May 2001) was an American entrepreneur and the owner of the New England Patriots from 1988-1991.

After attending such universities as Yale, the Sorbonne and Harvard Business School, Kiam became part of the Lever Brothers and Playtex company as a salesperson. He first made his fortune as the President and CEO of Remington Products, which he famously purchased after his wife bought him his first electric shaver. In 1994, Victor Kiam sold controlling interest of Remington Products to Isaac Perlmutter. Kiam also operated two other companies: Ronson and TravelSmart. Kiam also bought the Benrus Watch Company in 1967. The company filed bankruptcy in 1977.

He became even more famous as the spokesperson for his Remington shaver. Kiam's famous catch-phrase, "I liked it so much, I bought the company!" made him a household name; the phrase "Doing a Victor Kiam" has now become a term for a customer who becomes the owner of a company. He famously recorded each advert in the native language in which the advert was broadcast.

Upon Kiam's death The Times quoted one of his closest business associates in later years, Jonathon Lyons, as saying that he was "a truly remarkable entrepreneur of the old kind - the kind they simply don't make any more."

Kiam wrote a number of business books:

Going for It!: How to Succeed As an Entrepreneur
Keep Going for It!
Live to Win: Achieving Success in Life and Business

Kiam last resided in West Palm Beach, Florida

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Thursday May 7, 2009

10:30 - 11:30 AM / (NYC Time)

Channel 34 of the Time/Warner & Channel 82 of the RCN
Cable Television Systems in Manhattan, New York.

The Program can now be viewed on the internet at time of cable casting at

www.mnn.org

NOTE: You must adjust viewing to reflect NYC time

& click on channel 34 at site

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