Saturday, August 24th, 2019
Turnaround

Turnaround

Turnaround: Carlsberg

Turnaround: Carlsberg When Cees ‘t Hart became CEO of Danish beer maker Carlsberg in 2015, he found a company despondent after a disastrous expansion into Russia drained it of cash and motivation. ‘t Hart plumbed the purpose of Carlsberg’s founder to energise the staff to brew better beers and cater  ...

Turnaround: Moncler

Turnaround: Moncler Remo Ruffini first turned Moncler around when he bought it in 2003 by creating a luxury goods company from a sportswear maker using the tried and tested marketing tools of luxe fashion, top name designers and regular runway shows. Now he’s changing engine in mid flight, ditching the ...

Turnaround: AstraZeneca

Turnaround: AstraZeneca For Pascal Soriot, less is more. He’s shed development drugs he sees little chance of becoming viable, relentlessly focussed on oncology and bio pharmaceuticals to replenish the company’s drugs pipeline while throwing AstraZeneca’s doors open to encourage collaboration. Soriot takes us through his turnaround plan and the key ...

Turnaround: Peugeot

Turnaround: Peugeot When Carlos Tavares took the top job at Groupe PSA,  the maker of Peugeot and Citroen cars had racked up billions in losses and its shares were hovering near an all-time low. In the second episode of Bloomberg’s Turnaround series looking at corporate transformations, Tavares speaks to David ...

Turnaround: Qantas

Turnaround: Qantas Against a backdrop of slumping profits and debilitating industrial action, in October 2011 Qantas CEO Alan Joyce grounded all the airline’s planes in Australia and around the world. Bloomberg’s David Tweed looks at how Joyce’s drastic actions then were instrumental to the revival of Australia’s national carrier and ...