ANNUAL MEETINGS: TRUE NORTH COMMUNICATIONS; COBRA ELECTRONICS; KEEBLER FOODS; SCHAWK; OLD REPUBLIC INTERNATIONAL.(multiple brief articles)(Brief Article)

Crain's Chicago Business, July, 1999

CEO's goal: Revive True North sales growth True North Communications Inc. plans to hunker down and get back to the basics of winning new business. The advertising holding company's stock suffered last year as True North reported only modest revenue increases and inconsistent earnings growth.

Shares recently traded around $26, down 23% from a 52-week high of $34.13 in February. Chairman and CEO David Bell blamed the new-business slowdown on the company's focus on integrating its two U.S. ad agencies -- New York-based Foote Cone & Belding Worldwide and Bozell Worldwide. ``I am convinced we have not realized our potential,'' Mr. Bell, who became CEO in March, told shareholders at the Chicago-based company's recent annual meeting. ``Our mission is...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.