Can James Kilts Put a New Edge on Gillette?

Its incoming CEO did a sterling job at Nabisco. But the economy was roaring then. Now comes a tougher test

After Gillette's board asked CEO Michael C. Hawley to resign last October in the wake of a plummeting share price and poor earnings, director Warren Buffett commented that the board was "looking for a .360 or .370 hitter" as the next CEO. It may just have found one. James M. Kilts, 52, who steps up to the plate on Feb. 12, already has a long and impressive career under his belt, including a near-breathtaking turnaround of Nabisco Inc.

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