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Turnarounds




Day by day
How William V. Day tackles the biggest leadership challenges facing St. Barnabas Health System
William V. Day describes his time at St. Barnabas Health System as the man who came to dinner and has been there ever since. Ba


Changing polarity
How Paul Evanson turned a negative into a positive at Allegheny Energy by creating a solid turnaround team
When Paul Evanson came on board at Allegheny Energy Inc. in June 2003 as its new chairman, president and CEO, the utility was dangerously


Back in the black
How Norm Mitry cured Heritage Valley Health System of its red ink
When Norm Mitry was named president and CEO of Heritage Valley Health System in 2000, the financial situation at the organization had just abo


Fostering a turnaround
How Stan Hasselbusch led L.B. Foster back to growth and profitability
The situation that L.B. Foster Co. faced in the early 2000s was less like a terminal illness and more along the lines of a chronic, low-grade i


Striking gold
How John Ryan III guided Mine Safety Appliances out of a decade of danger
The 1990s weren’t particularly kind to John Ryan III and Mine Safety Appliances Inc. Indeed, they tested the mett


Rebound leader
How Jim Hensler put Horsehead Corp. on the road to recovery
Jim Hensler didn’t have the typical executive’s resume when he arrived at Horsehead Corp. as its president and CEO in April 2004. But ...


The focus factor
How Bob Guth got TelCove back to its core business
Bob Guth was selected as president and CEO of TelCove in 2002 to choreograph a turnaround that included slicing the company away from troubled Adelphi...


Heritage at stake
When Christine Jack Toretti's father committed suicide in 1990, he left behind a foundering gas-drilling company and specific instructions about liquidating it rather than finding a successor. Instead, Toretti took over, aggressively rebuilding the business.
No one is quite certain why Sam Jack-the third generation to run S.W. Jack Drilling Co.-walked into the shower one day in 1990, put a .357 Magnum-cali...







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