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Switching Sides At Rjr


In Business This Week

SWITCHING SIDES AT RJR

IS FREDERICK ZUCKERMAN RJR Nabisco's version of Jerry York? York, Chrysler's onetime chief financial officer, has become the well-paid front man for would-be Chrysler raider Kirk Kerkorian. Now Zuckerman, former treasurer of RJR Nabisco and a York protege both at Chrysler and IBM, has signed on with that company's tormentors, Bennett LeBow and Carl Icahn. Zuckerman gets $30,000 for signing on, and $120,000 a year in consulting fees. He is one of nine new directors--all committed to an immediate breakup of the company--proposed for RJR in a Nov. 20 Securities & Exchange Commission filing by LeBow. RJR filed suit the same day, alleging the LeBow group violated securities laws.EDITED BY KEITH H. HAMMONDS


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