James M. Kilts
Encyclopedia
James M. Kilts was a chief executive officer
of The Gillette Company. He negotiated the sale of the company to Procter & Gamble
for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase. Kilts is currently a partner at Centerview Partners
, an investment banking and private equity firm based in New York City.
He had been the subject of intense criticism from the Boston press, namely the Boston Globe and Boston Herald
daily newspapers, for his role in the merger with Procter & Gamble
.
He was then elected to the Board of Directors at The New York Times Company
in 2005.
Kilts is a 1970 graduate of Knox College in Galesburg, Illinois, and received his Master of Business Administration
degree from the University of Chicago Booth School of Business. In addition, as an undergraduate student at Knox College, Kilts was also a member of the Delta Chapter of Tau Kappa Epsilon
Fraternity.
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of The Gillette Company. He negotiated the sale of the company to Procter & Gamble
Procter & Gamble
Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....
for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase. Kilts is currently a partner at Centerview Partners
Centerview Partners
Centerview Partners is an independent investment banking and private equity investment firm. Centerview operates primarily as an investment banking advisory firm. The firm offers mergers and acquisitions advisory, takeover defense, capital allocation and divestitures services. The firm also...
, an investment banking and private equity firm based in New York City.
He had been the subject of intense criticism from the Boston press, namely the Boston Globe and Boston Herald
Boston Herald
The Boston Herald is a daily newspaper that serves Boston, Massachusetts, United States, and its surrounding area. It was started in 1846 and is one of the oldest daily newspapers in the United States...
daily newspapers, for his role in the merger with Procter & Gamble
Procter & Gamble
Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....
.
He was then elected to the Board of Directors at The New York Times Company
The New York Times Company
The New York Times Company is an American media company best known as the publisher of its namesake, The New York Times. Arthur Ochs Sulzberger, Jr. has served as Chairman of the Board since 1997. It is headquartered in Midtown Manhattan, New York City....
in 2005.
Kilts is a 1970 graduate of Knox College in Galesburg, Illinois, and received his Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
degree from the University of Chicago Booth School of Business. In addition, as an undergraduate student at Knox College, Kilts was also a member of the Delta Chapter of Tau Kappa Epsilon
Tau Kappa Epsilon
Tau Kappa Epsilon is a college fraternity founded on January 10, 1899 at Illinois Wesleyan University with chapters in the United States, and Canada, and affiliation with a German fraternity system known as the Corps of the Weinheimer Senioren Convent...
Fraternity.