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This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on January 1, 1994. The length of the article is 2943 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker without delay after purchase. You may view it with any web browser.

From the supplier: Warnaco CEO Linda J. Wachner is known for her keen understanding of cash management. The three things she always emphasizes to Warnaco senior executives is to get the product right, reduce overhead and maximize cash flow. The last may be done through effective and effective collection of receivables. Wachner’s cash flow discipline has carried the apparel manufacturer through a hostile leverage buyout and helped transform it into a profitable company. She has raised return on net profit by 30%, increased stockholders equity to $141 million and cut debt by 35%. Given the crusade she puts into ensuring Warnaco’s continued success, Wachner believes that she deserves the $3.6 million in salary and bonus she is getting. She admits that she may be tough on the people she works with, but Wachner contends that she is likewise fair.

Citation Details
Title: Queen of cash flow. (interview with Warnaco CEO Linda J. Wachner) (Cover Story)
Author: J.P. Donlon
Publication: Chief Executive (U.S.) (Magazine/Journal)
Date: January 1, 1994
Publisher: Chief Executive Publishing
Issue: n91 Page: p38(4)

Article Type: Cover Story, Interview

Distributed by Thomson Gale

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