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Romeo J Ventres

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January 5, 1989 | PAUL RICHTER, Times Staff Writer
The top 25 executives of consumer products giant Borden Inc., in something akin to a corporate suicide pact, said Wednesday that they have forged an anti-takeover plan that calls for all of them to quit the company if any one of them is fired after an unfair corporate takeover. Borden chief executive Romeo J.
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BUSINESS
May 31, 1990
Anthony D'Amato has been elected president and chief operating officer of Borden Inc. in a move that positions him to succeed Borden Chairman R. J. Ventres when Ventres retires next year. "Mr. D'Amato's promotion is an important step in preparation for an orderly succession," Ventres said. "The news signals who the next head of Borden will be," said John McMillan, analyst at Prudential-Bache Securities. D'Amato, 59, is a 31-year Borden veteran who came from the company's chemical operations.
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BUSINESS
May 31, 1990
Anthony D'Amato has been elected president and chief operating officer of Borden Inc. in a move that positions him to succeed Borden Chairman R. J. Ventres when Ventres retires next year. "Mr. D'Amato's promotion is an important step in preparation for an orderly succession," Ventres said. "The news signals who the next head of Borden will be," said John McMillan, analyst at Prudential-Bache Securities. D'Amato, 59, is a 31-year Borden veteran who came from the company's chemical operations.
NEWS
January 5, 1989 | PAUL RICHTER, Times Staff Writer
The top 25 executives of consumer products giant Borden Inc., in something akin to a corporate suicide pact, said Wednesday that they have forged an anti-takeover plan that calls for all of them to quit the company if any one of them is fired after an unfair corporate takeover. Borden chief executive Romeo J.
BUSINESS
January 4, 1989 | Associated Press
Borden Inc. announced a plan today to deter a takeover of the food and chemical company at less than what it considers a fair price by ensuring that Borden's top 25 managers will quit if that price isn't met. "We think any potential raider would think twice about losing that group at once," said Romeo J. Ventres, Borden's chairman and chief executive officer. He said he believed that banks and investment houses would be reluctant to loan money or raise funds for such a raider.
BUSINESS
September 28, 1989 | From Associated Press
Borden Inc., whose Elsie the cow has been an enduring symbol of the milk business, today unveiled a restructuring that will significantly shrink its dairy operations and reduce its work force by 7,000. Chairman Romeo J. Ventres announced at a news conference that the company will set up an after-tax reserve of about $404 million to streamline and consolidate production over the next two to three years.
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