RBC Capital Markets analysts David Palmer and Christopher Carril believe that certain CEOs in the packaged food industry are much like those profiled in William Thorndike’s 2012 book The Outsiders – a group of CEOs known for their obsession with (among other themes) capital allocation, free cash flow and growth in value per share. “His performance as Burger King Worldwide Inc (NYSE:BKW) CEO demonstrated his (and 3G’s) intense focus on cost-cutting and his leadership at Heinz is one of the reasons why we believe H.J. Heinz Company (NYSE:HNZ)’s results have the potential to cause disruption in the packaged food world,” say…
Lean Costs And Deal Potential: RBC On Lessons From ‘The Outsiders’
HFA Staff
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