Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • April 1991 (Revised July 1991)
  • Case
  • HBS Case Collection

RJR Nabisco Board: Guardians of the Gate? (A)

By: Jay W. Lorsch
  • Format:Print
  • | Pages:14
ShareBar

Abstract

Charles Hugel, the chairman of RJR Nabisco, receives a call from RJR Nabisco's CEO, Ross Johnson; Johnson plans to present an LBO plan to the board of directors at the board meeting the following week. The case details Hugel's actions as chairman, and describes the events leading up to the bidding deadline for the company. The special committee of RJR Nabisco's board must decide which of the three groups vying for the company submitted the best bid.

Keywords

Leveraged Buyouts; Situation or Environment; Bids and Bidding; Decision Making; Managerial Roles; Governing and Advisory Boards; Management Teams; Consumer Products Industry; Food and Beverage Industry

Citation

Lorsch, Jay W. "RJR Nabisco Board: Guardians of the Gate? (A)." Harvard Business School Case 491-120, April 1991. (Revised July 1991.)
  • Educators
  • Purchase

About The Author

Jay W. Lorsch

→More Publications

More from the Author

    • March 2018
    • Faculty Research

    A Nonprofit Board in Transition at Farrington Nature Linc

    By: Jay Lorsch and Emily Irving
    • June 2017 (Revised October 2017)
    • Faculty Research

    Uber in 2017: One Bumpy Ride

    By: Suraj Srinivasan, Jay W. Lorsch and Quinn Pitcher
    • Annals of Corporate Governance

    Understanding Boards of Directors: A Systems Perspective

    By: Jay W. Lorsch
More from the Author
  • A Nonprofit Board in Transition at Farrington Nature Linc By: Jay Lorsch and Emily Irving
  • Uber in 2017: One Bumpy Ride By: Suraj Srinivasan, Jay W. Lorsch and Quinn Pitcher
  • Understanding Boards of Directors: A Systems Perspective By: Jay W. Lorsch
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College