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and Snyder Drug Stores, when the company was facing bankruptcy. In this capacity, he appeared in commercials on national television, as a spokesman for Wickes' Builders
Emporium. He also led the $ 1 billion acquisition of the consumer and industrial products division of
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said
Sigoloff "was considered one of the pioneers of the slash-and-burn strategy that resonated with creditors," but he added that "it was controversial because people felt that there was too much carnage in terms of quick dismissals."
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from bankruptcy in the 1970s. Sigoloff joined
Republic as senior vice president in October 1970. He was promoted to president and chief operating officer in December 1970 and elected chief executive officer succeeding Gerald B. Block.
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In the course of his restructuring of Daylin, Sigoloff's sought to fire more than half of Daylin's 16,000 employees, including
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Sigoloff married his wife, Betty, in 1952. They had two sons, John and
Stephen, and a daughter, Laurie. They resided in
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111:" for his rescuing of a number of companies from bankruptcy, in the course of which he pioneered an investor-friendly "
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from 1984 to 2002. He is the namesake of the
Sanford and Betty Sigoloff Chair in Corporate Renewal, held by Professor
107:(September 8, 1930 – February 19, 2011) was an American businessman and philanthropist. He became known as "Mr.
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Sanford C. Sigoloff was born on
September 8, 1930, in St. Louis, Missouri. His father served as a physician in the
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468:"Sandy Sigoloff: Private Man in the Limelight : Wickes Saved, He Focuses on Growth"
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236:, it proved impossible. Nevertheless, Sigoloff became known as "Mr. Chapter 11."
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150:(UCLA), where he earned a Bachelor of Science in physics and biology in 1951.
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strategy" at the expense of employees. He supported charitable causes and the
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618:"Wickes' Wonder: Largest Chapter 11 Bankruptcy Emerges a Textbook Turnaround"
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Sigoloff died of pneumonia on
February 19, 2011. He had suffered from
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In March 1982, Sigoloff took over as the chief executive of the
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559:"Sanford C. Sigoloff, Corporate Turnaround Expert, Dies at 80"
350:"Sanford C. Sigoloff, Corporate Turnaround Expert, Dies at 80"
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399:"Sanford C. Sigoloff dies at 80; corporate turnaround expert"
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526:"M-G-M- Earnings Gain Ground For the Latest Fiscal Quarter"
663:
16:
American businessman and philanthropist (1930 –2011)
397:Chang, Andrea; Hennigan, W.J. (February 23, 2011).
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267:Sigoloff served on the board of visitors of the
592:"How executives go from hero to zero and back"
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244:Sigoloff made charitable contributions to the
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158:Sigoloff began his career by working for the
119:, where is the namesake of an endowed chair.
728:University of California, Los Angeles alumni
311:New York University Stern School of Business
229:. Once again, Sigoloff rescued the company.
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348:Walsh, Mary Williams (February 24, 2011).
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262:United States Holocaust Memorial Museum
232:However, when Sigoloff tried to rescue
174:subsidiary, Electro-Optical Systems in
170:. From 1963 to 1969, he worked for the
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160:United States Atomic Energy Commission
768:20th-century American philanthropists
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433:Miller, Stephen (February 25, 2011).
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148:University of California, Los Angeles
73:University of California, Los Angeles
763:20th-century American businesspeople
616:Brown, Warren (September 23, 1984).
466:Yoshihara, Nancy (August 18, 1985).
250:City of Hope National Medical Center
166:, he worked as a researcher for the
753:Deaths from pneumonia in California
557:Walsh, Mary Williams (2011-02-25).
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718:People from Brentwood, Los Angeles
675:UCLA Anderson School of Management
649:UCLA Anderson School of Management
409:from the original on March 1, 2011
269:UCLA Anderson School of Management
212:, the parent company of retailers
117:UCLA Anderson School of Management
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779:
645:"Sanford Sigoloff Dies at Age 80"
590:Donkin, Richard (March 1, 2007).
723:Beverly Hills High School alumni
524:Reckert, Clare M. (1971-01-12).
758:People with Alzheimer's disease
743:Philanthropists from California
733:Businesspeople from Los Angeles
435:"He Wielded Ax in Bankruptcies"
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298:. His funeral was held at the
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138:Sigoloff was educated at the
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246:Cedars-Sinai Medical Center
227:Gulf and Western Industries
82:Businessman, philanthropist
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738:American chief executives
651:. UCLA. February 22, 2011
300:Wilshire Boulevard Temple
258:American Jewish Committee
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144:Beverly Hills, California
140:Beverly Hills High School
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63:Beverly Hills High School
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305:On his death, Professor
146:. He graduated from the
748:American car collectors
439:The Wall Street Journal
279:Personal life and death
201:, who went on to found
181:Sigoloff turned around
168:United States Air Force
51:Los Angeles, California
285:Brentwood, Los Angeles
713:People from St. Louis
472:The Los Angeles Times
403:The Los Angeles Times
254:Center Theatre Group
222:Red Owl Supermarkets
183:Republic Corporation
176:Pasadena, California
623:The Washington Post
493:"Executive Changes"
296:Alzheimer's disease
105:Sanford C. Sigoloff
36:St. Louis, Missouri
23:Sanford C. Sigoloff
671:"William G. Ouchi"
563:The New York Times
530:The New York Times
497:The New York Times
354:The New York Times
129:United States Army
98:2 sons, 1 daughter
214:Builders Emporium
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47:February 19, 2011
32:September 8, 1930
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287:. He collected
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69:Alma mater
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499:. 1970-10-21.
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203:The Home Depot
199:Bernard Marcus
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679:. Retrieved
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240:Philanthropy
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195:Arthur Blank
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187:Daylin, Inc.
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133:World War II
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708:2011 deaths
703:1930 births
697:Categories
576:2023-07-10
543:2023-07-10
510:2023-07-10
318:References
260:, and the
164:Korean War
123:Early life
109:Chapter 11
681:March 18,
655:March 18,
601:March 18,
571:0362-4331
538:0362-4331
505:0362-4331
477:March 18,
444:March 16,
413:March 16,
359:March 16,
234:LJ Hooker
59:Education
407:Archived
289:Porsches
95:Children
629:July 9,
309:of the
131:during
677:. UCLA
569:
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256:, the
252:, the
248:, the
154:Career
87:Spouse
53:, U.S.
38:, U.S.
172:Xerox
683:2017
657:2017
631:2023
603:2017
567:ISSN
534:ISSN
501:ISSN
479:2017
446:2017
415:2017
361:2017
197:and
185:and
44:Died
29:Born
142:in
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