Nightmare by Jean Saunders

Nightmare by Jean Saunders

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Summary

Both a business thriller and a traumatic family biography, this book tells the story of one of the best-known businessmen in Britain - Ernest Saunders, one-time chief executive of Guinness. It is told by his 22 year-old son, who has lived with him as his counsellor over the last two years.

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Nightmare by Jean Saunders

In January 1986 Ernest Saunders was riding high as Chief Executive of Guinness plc. In five years he had transformed Guinness from a dying one-brand company into one of the world's top drinks businesses with an envied portfolio of brands. Over the same period profit had risen ninefold and the Guinness family's wealth had increased proportionately. A year later Saunders' world had collapsed. He was summarily dismissed by a group of directors, without compensation with the means to vindicate himself. Guinness then sued him and he was forced to sell the family home and spend all his savings in legal fees. Next he was arrested and put into jail. He was eventually to face over 40 criminal charges, ranging from fraud to theft. It was the most dramatic personal turn-around in fortunes in recent British commercial history. "Nightmare" charts Ernest Saunders' story from the arrival of his parents in the UK as refugees from Hitler's Austria. It tells how, in 1981, he joined Guinness as managing director and set about the daunting task of rebuilding the company. It follows the successful takeovers of Bell's and Distillers.
SKU Unavailable
ISBN 13 9780091741013
ISBN 10 0091741017
Title Nightmare
Author Jean Saunders
Condition Unavailable
Binding Type Hardback
Publisher Cornerstone
Year published 1989-06-23
Number of pages 288
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable