… A global leader in the insurance and asset management business, AXA had risen to the top ranks in terms of corporate … as CEO in 2000 and the company faced economic headwinds, AXA continued to produce strong returns. In 2010, the company announced Ambition AXA, a five-year strategic plan to grow the company. The plan called for harvesting slow-growing businesses in mature markets, investing in emerging markets, and reducing the company’s overall cost of operations. Under …
… “What we want is the book that every vice president threw in the trash because he would be embarrassed to show it to a partner.” In … economy was entering a recession, a colleague at another firm asked Blumenthal to consider investing in a paper mill in Nova Scotia. The mill, Pictou Pulp, manufactured northern …