Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

At Morrison Knudsen, Some Things Ain't Broke


Readers Report

AT MORRISON KNUDSEN, SOME THINGS AIN'T BROKE

Your story "Why `Mr. Spud' is eyeing Morrison Knudsen" (News: Analysis & Commentary, May 29) was interesting but somewhat overblown.

We took exception to the notion that MK "could use some strong management." We have it, under the financial leadership of Chairman Steve Miller, who played an instrumental role in Chrysler's turnaround, and CEO Bob Tinstman, an MK veteran. Our management is embarked on an aggressive turnaround plan designed to divest itself of noncore businesses and pay down short-term debt, while it continues successfully to pursue opportunities in its core business segments.

There remains a significant amount of work to be done in order to turn the company around. Fortunately, the management's leadership and expertise is not an issue.

Brent D. Brandon

Vice-President

Corporate Communications

Morrison Knudsen Corp.

Boise, Idaho


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus