Kroll's CEO: "We Like Our Position"
When Michael Cherkasky took over Kroll Worldwide in 2001, it was struggling. A disappointing merger with armored-car outfit O'Gara contributed to the security-and-risk consulting firm's lack of profits at the end of the 1990s. Now, Cherkasky is feeling pretty good. A series of smart acquisitions and some corporate pruning have revived Kroll's fortunes. From the dark days in 2001, when the shares languished around $5, they're up 400% or so, to the low $20s.
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