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231:. When he joined the company, it had grown since its founding in 1920 as a telecom service provider for Cuba and Puerto Rico, to being a conglomerate with business interests spanning
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in 1986. He continued to spend the remainder of his time as the CEO in divesting the vast conglomerate as investors were vying for focus on its core businesses. He saw off a
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332:. The couple married in July 1956 and went on to have three children, two daughters and one son. He died on August 9, 2021, at the age of 89 in Palm Beach, Florida.
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He was later self-employed as a private investor and also acted as principal in RVA Investments and on the Board of
Directors of American cable television company
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the conglomerate of multiple businesses including hotels, rental cars, and insurance to retain its focus on its core telecom businesses.
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160:(October 31, 1931 – August 9, 2021) was an American manufacturing executive, investor, and writer who served as the CEO of
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in a family of
Swedish descent. His father was a tax collector and a dairy farmer in the town. He was elected as a
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from where he was sent to work in Europe. Upon his return to the U.S., he left the
Pentagon and worked for
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SHAPIRO, WALTER; The, Walter
Shapiro is a staff writer for; Magazine, Washington Post (August 8, 1982).
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274:, an early stage digital telephone exchange, before selling the business to French state-owned company
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His early years were spent building the group's telecom business, including developing the
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corporation but agreed to sell the group's hotel businesses under the
Sheraton brand to
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politics. With this background, he became the company's CEO in 1979 succeeding
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Dawn
Raiders and White Knights: The Inside Story of a Corporation Under Siege
267:. He also became the chairman of the board the same year, succeeding Geneen.
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32:
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810:"Julie Kay Araskog Engaged to Marry Walter J. Hodges Jr., Fellow Student"
714:"Hofstra University awards honorary degrees to distinguished individuals"
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Araskog met his wife Jessie
Gustafson, when she was studying religion at
224:
165:
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251:. During this time, he had become the right hand man of then chairman
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Araskog started his career working for the
Defense Department at the
164:. During his time as the CEO between 1979 and 1998 he was known for
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888:
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260:
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758:"Scott Snyder Designs a Shingle-Style Residence in Southampton"
878:"INVESTING IT; ITT May Shrink, but Chief's Pay Stays the Same"
309:. He was awarded an honorary doctorate of humane letters by
220:
in 1960 as marketing director in the aeronautical division.
509:"Rand Araskog, CEO Who Dismantled ITT, Has Died at Age 89"
464:"Rand Araskog, CEO Who Dismantled ITT, Has Died at Age 89"
335:
For many years, Araskog resided with his family in the
843:"Eileen Stafford Kenny Wed To William Araskog on L.I."
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at West Point where he graduated in 1953, majoring in
176:
Rand
Vincent Araskog was born on October 30, 1931, in
1214:
American chief executives of manufacturing companies
368:
The ITT Wars: An
Insider's View of Hostile Takeovers
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1209:American chief executives of Fortune 500 companies
196:majoring in Russian studies and spent a year in
290:in 1997. He retired from the company in 1998.
614:"Geneen Plans to Resign As Chairman of I.T.T."
904:
8:
288:Starwood Hotel & Resorts Worldwide, Inc.
293:Araskog was named an Officer in the French
911:
897:
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409:Araskog, Rand V.; James L. Bikoff (1987).
259:and for foreign political interference in
20:
110:Manufacturing executive, investor, writer
1019:Kellogg Switchboard & Supply Company
200:serving at a US Army intelligence post.
1044:Standard Telecommunication Laboratories
542:"Rand V. Araskog: Commencement Speaker"
428:
320:and the Palm Beach Civic Association.
299:Order of Merit of the Italian Republic
297:in 1987. He has also been awarded the
1264:United States Military Academy alumni
1224:American manufacturing businesspeople
612:Cole, Robert J. (November 15, 1979).
507:Hagerty, James R. (August 10, 2021).
462:Hagerty, James R. (August 10, 2021).
7:
1199:20th-century American businesspeople
944:Bell Telephone Manufacturing Company
939:American Cable and Radio Corporation
678:
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646:"ITT's Geneen Hands Helm to Araskog"
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1259:People from Fergus Falls, Minnesota
984:Exelis Visual Information Solutions
690:. November 25, 2018. Archived from
1229:American people of Swedish descent
1134:ITT: The Management of Opportunity
775:Hayes, Thomas C. (July 15, 1979).
301:by the President of Italy and the
14:
1274:Military personnel from Minnesota
580:"Why Mr. ITT Comes to Washington"
559:GREENWALD, JOHN (June 24, 2001).
184:in his school and went on to the
1254:Officers of the Legion of Honour
969:Commercial Pacific Cable Company
247:, the company that manufactured
31:
16:American businessman (1931–2021)
438:Taft Corporate Giving Directory
1049:Standard Telephones and Cables
227:in its Defense Space Group in
186:United States Military Academy
1:
1234:Businesspeople from Minnesota
756:Clarke, Gerald (March 2007).
567:– via content.time.com.
688:Palm Beach Civic Association
1039:Sheraton Hotels and Resorts
303:Order of Bernardo O'Higgins
143:Jessie M. Gustafson Araskog
1290:
732:"CableVision - SEC FORM 4"
441:. Taft Corporation. 1990.
1204:American business writers
989:Federal Telegraph Company
386:Araskog, Rand V. (1989).
371:. New York: Beard Books.
365:Araskog, Rand V. (2000).
330:Gustavus Adolphus College
151:two daughters and one son
30:
964:Commercial Cable Company
214:National Security Agency
1014:ITT Technical Institute
469:The Wall Street Journal
178:Fergus Falls, Minnesota
58:Fergus Falls, Minnesota
1269:Writers from Minnesota
1239:Harvard College alumni
1090:William Henry Harrison
276:Generale d’Electricite
720:on December 14, 2013.
816:. January 15, 1984.
777:"I.T.T.'s New Chief"
762:Architectural Digest
411:Toward the Year 2000
345:Kinnelon, New Jersey
305:by the president of
192:. He graduated from
158:Rand Vincent Araskog
44:Rand Vincent Araskog
1127:The Sovereign State
1100:John William Mackay
974:Creed & Company
513:Wall Street Journal
223:In 1966, he joined
77:Palm Beach, Florida
1219:American investors
883:The New York Times
846:The New York Times
814:The New York Times
781:The New York Times
617:The New York Times
561:"ITT'S STRIP SHOW"
311:Hofstra University
237:Hartford Insurance
229:Nutley, New Jersey
194:Harvard University
101:Harvard University
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959:Claro Puerto Rico
927:Related companies
448:978-0-914756-80-4
265:Lyman C. Hamilton
155:
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1244:Honeywell people
1029:Mix & Genest
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848:. May 22, 1988.
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245:Hostess Twinkies
233:Avis Car Rentals
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1249:ITT Inc. people
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1110:Ellery W. Stone
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1024:Kolster-Brandes
979:EDO Corporation
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920:ITT Corporation
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337:gated community
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295:Legion of Honor
241:Sheraton Hotels
225:ITT Corporation
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162:ITT Corporation
134:ITT Corporation
123:ITT Corporation
93:Alma mater
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73:(aged 89)
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324:Personal life
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291:
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284:Hilton Hotels
281:
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272:ITT System 12
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253:Harold Geneen
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107:Occupation(s)
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34:
29:
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1141:The ITT Wars
1139:
1132:
1125:
1105:Rand Araskog
1104:
1054:The Hartford
1004:Goulds Pumps
881:
857:. Retrieved
845:
837:
825:. Retrieved
813:
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792:. Retrieved
780:
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739:. Retrieved
735:
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718:the original
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696:. Retrieved
692:the original
687:
663:February 20,
661:. Retrieved
649:
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630:February 20,
628:. Retrieved
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524:. Retrieved
512:
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467:
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413:. New York:
410:
390:. New York:
387:
366:
359:Bibliography
334:
327:
315:
292:
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249:Wonder Bread
222:
207:
198:West Germany
175:
157:
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71:(2021-08-09)
25:Rand Araskog
18:
1194:2021 deaths
1189:1931 births
1085:Hernán Behn
736:www.sec.gov
684:"Directors"
475:January 19,
318:Cablevision
115:Employer(s)
85:Nationality
1183:Categories
1073:Key people
1064:Xylem Inc.
1009:ITT Exelis
999:Focke-Wulf
934:Abbey Life
741:August 12,
698:August 12,
597:August 13,
526:August 10,
423:References
341:Smoke Rise
282:bid of by
172:Early life
97:West Point
50:1931-10-31
949:C. Lorenz
854:0362-4331
822:0362-4331
789:0362-4331
658:0190-8286
625:0362-4331
592:0190-8286
521:0099-9660
313:in 1990.
218:Honeywell
166:divesting
119:Honeywell
1168:ITT 2020
1158:GeoEye-1
1151:Products
1034:Rayonier
859:June 15,
827:June 15,
794:June 15,
353:New York
212:and the
210:Pentagon
148:Children
88:American
1059:WPXN-TV
261:Chilean
132:CEO of
954:Cannon
852:
820:
787:
656:
623:
590:
519:
445:
398:
375:
349:suburb
204:Career
140:Spouse
79:, U.S.
60:, U.S.
1119:Media
994:Flygt
307:Chile
861:2023
850:ISSN
829:2023
818:ISSN
796:2023
785:ISSN
743:2021
700:2021
665:2020
654:ISSN
632:2020
621:ISSN
599:2021
588:ISSN
565:Time
528:2021
517:ISSN
477:2022
443:ISBN
396:ISBN
373:ISBN
347:, a
243:and
66:Died
40:Born
351:of
339:of
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