Mar
26
Conde CEO: Fairchild Needs a ‘Tiger’ Beckman for Turnaround
Posted in: Uncategorized
NEW YORK (AdAge.com) — Conde Nast CEO Charles Townsend told staffers at the Fairchild division he had made Richard Beckman their new president-CEO because Fairchild was in trouble and needed a "tiger," according to Fairchild staffers. But he also told employees their "backs were against the wall" and that Conde has "paid dearly" for the company but it wasn't what it could be.
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