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Victor Kiam

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BUSINESS
February 18, 1986 | MARY FIFIELD, Special to the Washington Post
Victor Kiam, 58, rivals the best of them when it comes to turning obstacles into opportunities. Six years after rescuing the loss-ridden Remington Products, he can claim sales of $160 million a year, or 20% of the world market. Whether he's making a full-scale pitch to retailers or chatting casually, the garrulous Kiam is always selling. Kiam's resolute vision came to him early in life.
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CALIFORNIA | LOCAL
May 30, 2001 | MYRNA OLIVER, TIMES STAFF WRITER
"The Remington MicroScreen shaver shaves as close as a blade. . . . I liked it so much I bought the company." --Victor Kermit Kiam II Victor K. Kiam II, the salesman's salesman known for turning around failing companies like Benrus watches and Remington shavers and prodding other bosses to pitch their own products on television, has died. He was 74.
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SPORTS
March 18, 1992 | From Times Staff and Wire Reports
Fran Murray, the New England Patriots' minority owner, filed a lawsuit against majority owner Victor Kiam in an effort to force a decision on the team's ownership.
NEWS
July 22, 1997 | CONNIE KOENENN, TIMES STAFF WRITER
Victor Kiam got into the travel product business by chance when he bought a small company whose major product was a compact Wrinkles Away garment steamer for travelers. "It was 1989, the beginning of glasnost and I figured tourism was going to be a big part of peoples' lives," Kiam said. Today, the Franzus Co., based in Beacon Falls, Conn.
SPORTS
November 13, 1991 | Associated Press
Feuding owners Victor Kiam and Fran Murray of the New England Patriots' were sued by Westminster Bank USA for failure to pay a loan of $13.5 million. The suit isn't viewed as a major impediment to an agreement between majority owner Kiam and Murray that they will delay resolution of their dispute until after the NFL season.
BUSINESS
December 26, 1991 | From Times Staff and Wire Reports
Connecticut Tentatively OKs Aid to Remington: Connecticut tentatively approved $15 million in financial aid for Remington Products Inc., whose owner, Victor Kiam, is weighing the sale of the company, based in Bridgeport, Conn. Kiam is also majority owner of the New England Patriots football team, but needs to get his hands on $38 million to buy out a minority owner or lose control of the team.
SPORTS
June 30, 1996 | JIM MURRAY
Pro football can be a very dangerous game. I mean, how'd you like to find yourself on the Chicago Bears' five-yard line, third and goal, with a minute to play and the Bears four points ahead? Or would you prefer to be fading back to pass with a guy they call the Refrigerator bearing down on you? But if the game is tough on the field, it's supposed to be a piece of cake in the front office. You know. You sit in your luxury box and entertain a dozen of your best corporate friends.
BUSINESS
October 31, 1994 | Reuters
Victor Kiam, owner of electric shaver maker Remington Corp., won $73,400 in libel damages from a British newspaper that said he had filed for bankruptcy protection. The London-based Sunday Times claimed in December, 1991, that Kiam was being sued by National Westminster Bank after defaulting on a $13.5-million loan he used to buy a U.S. football team, the New England Patriots. "I can now walk tall and say that they couldn't just wipe it off with an apology in the paper. . . .
SPORTS
May 12, 1992 | From Staff and Wire Reports
James Orthwein officially became the majority owner of the New England Patriots on Monday when he purchased the 51% share of the club previously held by Victor Kiam, then reassured fans that he has no plans to move the team. Orthwein closed the deal with Kiam in St. Louis--where he is involved in an effort to bring an expansion team to the city.
SPORTS
March 20, 1992 | From Staff and Wire Reports
New England Patriots majority owner Victor Kiam agreed to sell his 51% interest in the franchise. Kiam has accepted an offer from investment counselor James Busch Orthwein of St. Louis, according to a statement released by Walter L. Metcalfe Jr., Orthwein's lawyer.
BUSINESS
December 26, 1991 | From Times Staff and Wire Reports
Connecticut Tentatively OKs Aid to Remington: Connecticut tentatively approved $15 million in financial aid for Remington Products Inc., whose owner, Victor Kiam, is weighing the sale of the company, based in Bridgeport, Conn. Kiam is also majority owner of the New England Patriots football team, but needs to get his hands on $38 million to buy out a minority owner or lose control of the team.
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