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.navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox biography vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size:125%;"><div class="fn">F. Ross Johnson</div></th></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><div style="display:inline" class="nickname">Frederick Ross Johnson</div><br /><span style="display:none">(<span class="bday">1931-12-13</span>)</span>December 13, 1931<br /><div style="display:inline" class="birthplace"><a href="/wiki/Winnipeg" title="Winnipeg">Winnipeg</a>, <a href="/wiki/Manitoba" title="Manitoba">Manitoba</a>, Canada</div></td></tr><tr><th scope="row" class="infobox-label">Died</th><td class="infobox-data">December 29, 2016<span style="display:none">(2016-12-29)</span> (aged 85)<br /><div style="display:inline" class="deathplace"><a href="/wiki/Jupiter,_Florida" title="Jupiter, Florida">Jupiter, Florida</a>, United States</div></td></tr><tr><th scope="row" class="infobox-label">Education</th><td class="infobox-data"><a href="/wiki/University_of_Toronto" title="University of Toronto">University of Toronto</a> <small>(<a href="/wiki/Master_in_Business_Administration" class="mw-redirect" title="Master in Business Administration">M.B.A.</a>)</small><br /><a href="/wiki/University_of_Manitoba" title="University of Manitoba">University of Manitoba</a> <small>(<a href="/wiki/Bachelor_of_Commerce" title="Bachelor of Commerce">B.Com.</a>)</small></td></tr><tr><th scope="row" class="infobox-label">Occupation</th><td class="infobox-data role">Businessman</td></tr></tbody></table> <p><b>Frederick Ross Johnson</b>, <a href="/wiki/Order_of_Canada" title="Order of Canada">OC</a> (December 13, 1931 – December 29, 2016) was a <a href="/wiki/Canadians" title="Canadians">Canadian</a> businessman, best known as the chief executive officer of <a href="/wiki/RJR_Nabisco" title="RJR Nabisco">RJR Nabisco</a> in the 1980s.<sup id="cite_ref-obit_1-0" class="reference"><a href="#cite_note-obit-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Early_life_and_education">Early life and education</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=F._Ross_Johnson&action=edit&section=1" title="Edit section: Early life and education"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Born in <a href="/wiki/Winnipeg" title="Winnipeg">Winnipeg</a>, <a href="/wiki/Manitoba" title="Manitoba">Manitoba</a>, on December 13, 1931,<sup id="cite_ref-NYTimes_2-0" class="reference"><a href="#cite_note-NYTimes-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> into a lower-middle-class family, Johnson used a military cadet scholarship program to attend the <a href="/wiki/University_of_Manitoba" title="University of Manitoba">University of Manitoba</a>, where he graduated in 1952 with a <a href="/wiki/Bachelor_of_Commerce" title="Bachelor of Commerce">Bachelor of Commerce</a> degree and was President of the <a href="/wiki/Fraternity" title="Fraternity">fraternity</a> <a href="/wiki/Phi_Delta_Theta" title="Phi Delta Theta">Phi Delta Theta</a>. He went on to earn an <a href="/wiki/MBA" class="mw-redirect" title="MBA">MBA</a> from the <a href="/wiki/University_of_Toronto" title="University of Toronto">University of Toronto</a> in 1956. </p> <div class="mw-heading mw-heading2"><h2 id="Career">Career</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=F._Ross_Johnson&action=edit&section=2" title="Edit section: Career"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Johnson first worked as an <a href="/wiki/Accountant" title="Accountant">accountant</a> for <a href="/wiki/General_Electric" title="General Electric">General Electric</a> in <a href="/wiki/Montreal" title="Montreal">Montreal</a> and as a vice-president of <a href="/wiki/Merchandising" title="Merchandising">merchandising</a> for the <a href="/wiki/Eaton%27s" title="Eaton's">T. Eaton Company</a> before being named president of <a href="/wiki/Standard_Brands" title="Standard Brands">Standard Brands</a> Ltd.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>Johnson negotiated a <a href="/wiki/Mergers_and_acquisitions" title="Mergers and acquisitions">merger</a> between Standard Brands and Nabisco with Nabisco CEO <a href="/w/index.php?title=Bob_Schaeberle&action=edit&redlink=1" class="new" title="Bob Schaeberle (page does not exist)">Bob Schaeberle</a> in 1981. Soon after, Schaeberle left Nabisco, and Johnson took the helm, replacing many Nabisco executives with ones from Standard Brands. Growing restless, he initiated talks that led to the Nabisco-RJ Reynolds merger in 1985. He was soon appointed president and <a href="/wiki/Chief_executive_officer" title="Chief executive officer">CEO</a> of <a href="/wiki/RJR_Nabisco" title="RJR Nabisco">RJR Nabisco</a>. Johnson appeared on the December 5, 1988, <a href="/wiki/List_of_covers_of_Time_magazine_(1980s)" title="List of covers of Time magazine (1980s)">cover of <i>Time</i> magazine</a> under the headline "A Game of Greed".<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> After dismal stock performance following the <a href="/wiki/Black_Monday_(1987)" title="Black Monday (1987)">1987 stock market crash</a>, Johnson decided to put the company in play. Originally, he planned to execute a management-led <a href="/wiki/Leveraged_buyout" title="Leveraged buyout">leveraged buyout</a> with <a href="/wiki/Shearson_Lehman_Hutton" class="mw-redirect" title="Shearson Lehman Hutton">Shearson Lehman Hutton</a>. Events quickly escalated into a takeover contest. </p><p>He was extensively profiled in the book <i><a href="/wiki/Barbarians_at_the_Gate:_The_Fall_of_RJR_Nabisco" class="mw-redirect" title="Barbarians at the Gate: The Fall of RJR Nabisco">Barbarians at the Gate: The Fall of RJR Nabisco</a></i> by <i><a href="/wiki/The_Wall_Street_Journal" title="The Wall Street Journal">Wall Street Journal</a></i> columnists <a href="/wiki/Bryan_Burrough" title="Bryan Burrough">Bryan Burrough</a> and <a href="/wiki/John_Helyar" title="John Helyar">John Helyar</a>, and in <a href="/wiki/Barbarians_at_the_Gate_(film)" title="Barbarians at the Gate (film)">the movie of the same name</a> made for <a href="/wiki/HBO" title="HBO">HBO</a>. In the film, Johnson was portrayed by <a href="/wiki/James_Garner" title="James Garner">James Garner</a>. </p><p>Following the RJR Nabisco takeover by <a href="/wiki/Kohlberg_Kravis_Roberts_%26_Co." class="mw-redirect" title="Kohlberg Kravis Roberts & Co.">Kohlberg Kravis Roberts & Co.</a> led by <a href="/wiki/Henry_Kravis" title="Henry Kravis">Henry Kravis</a>, Johnson started his own private investment company, RJM Group, Inc., based in <a href="/wiki/Atlanta,_Georgia" class="mw-redirect" title="Atlanta, Georgia">Atlanta, Georgia</a>. Until he resigned in March 2009, he was chairman of <a href="/w/index.php?title=AuthentiDate&action=edit&redlink=1" class="new" title="AuthentiDate (page does not exist)">AuthentiDate</a> Holding Corp., a United States publicly traded company. He served on the board of directors of several companies including <a href="/wiki/Bentley_Pharmaceuticals" class="mw-redirect" title="Bentley Pharmaceuticals">Bentley Pharmaceuticals</a>. Johnson also served on the advisory board of <a href="/wiki/Power_Corporation_of_Canada" title="Power Corporation of Canada">Power Corporation of Canada</a>. </p> <div class="mw-heading mw-heading2"><h2 id="Personal_life">Personal life</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=F._Ross_Johnson&action=edit&section=3" title="Edit section: Personal life"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Johnson maintained homes in <a href="/wiki/La_Jolla,_California" class="mw-redirect" title="La Jolla, California">La Jolla, California</a> and <a href="/wiki/Jupiter,_Florida" title="Jupiter, Florida">Jupiter, Florida</a>.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p><p>He was made a trustee of <a href="/wiki/Duke_University" title="Duke University">Duke University</a> and served on the advisory councils of several universities. The Distinguished Visitors Program at the <a href="/wiki/University_of_Toronto" title="University of Toronto">University of Toronto</a> Centre for the Study of the United States was endowed by Johnson in 2001. </p> <div class="mw-heading mw-heading2"><h2 id="Death">Death</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=F._Ross_Johnson&action=edit&section=4" title="Edit section: Death"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Johnson died on December 29, 2016, at his home in <a href="/wiki/Jupiter,_Florida" title="Jupiter, Florida">Jupiter, Florida</a>, seventeen days after his 85th birthday<sup id="cite_ref-obit_1-1" class="reference"><a href="#cite_note-obit-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> from pneumonia. </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=F._Ross_Johnson&action=edit&section=5" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-obit-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-obit_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-obit_1-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFHagerty" class="citation news cs1">Hagerty, James. <span class="id-lock-subscription" title="Paid subscription required"><a rel="nofollow" class="external text" href="https://www.wsj.com/articles/former-rjr-nabisco-ceo-f-ross-johnson-dies-at-age-85-1483160303">"Former RJR Nabisco CEO F. Ross Johnson Dies at Age 85"</a></span>. <i><a href="/wiki/The_Wall_Street_Journal" title="The Wall Street Journal">The Wall Street Journal</a></i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Wall+Street+Journal&rft.atitle=Former+RJR+Nabisco+CEO+F.+Ross+Johnson+Dies+at+Age+85&rft.aulast=Hagerty&rft.aufirst=James&rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fformer-rjr-nabisco-ceo-f-ross-johnson-dies-at-age-85-1483160303&rfr_id=info%3Asid%2Fen.wikipedia.org%3AF.+Ross+Johnson" class="Z3988"></span></span> </li> <li id="cite_note-NYTimes-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-NYTimes_2-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.nytimes.com/2016/12/31/business/f-ross-johnson-dead-rjr-nabisco.html">"F. Ross Johnson, Symbol of '80s Corporate Excess, Dies at 85"</a>. <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>. December 31, 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">December 31,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=The+New+York+Times&rft.atitle=F.+Ross+Johnson%2C+Symbol+of+%2780s+Corporate+Excess%2C+Dies+at+85&rft.date=2016-12-31&rft_id=https%3A%2F%2Fwww.nytimes.com%2F2016%2F12%2F31%2Fbusiness%2Ff-ross-johnson-dead-rjr-nabisco.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AF.+Ross+Johnson" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFDoron_P._Levin1988" class="citation news cs1">Doron P. Levin (October 21, 1988). <a rel="nofollow" class="external text" href="https://www.nytimes.com/1988/10/21/business/man-in-the-news-f-ross-johnson-a-chief-willing-to-gamble.html">"F. Ross Johnson. A Chief Willing to Gamble"</a>. <i>The New York Times</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+New+York+Times&rft.atitle=F.+Ross+Johnson.+A+Chief+Willing+to+Gamble&rft.date=1988-10-21&rft.au=Doron+P.+Levin&rft_id=https%3A%2F%2Fwww.nytimes.com%2F1988%2F10%2F21%2Fbusiness%2Fman-in-the-news-f-ross-johnson-a-chief-willing-to-gamble.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AF.+Ross+Johnson" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation magazine cs1"><a rel="nofollow" class="external text" href="https://content.time.com/time/covers/0,16641,19881205,00.html">"A Game of Greed"</a>. <i><a href="/wiki/Time_(magazine)" title="Time (magazine)">Time</a></i>. cover<span class="reference-accessdate">. Retrieved <span class="nowrap">March 21,</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Time&rft.atitle=A+Game+of+Greed&rft.pages=cover&rft_id=https%3A%2F%2Fcontent.time.com%2Ftime%2Fcovers%2F0%2C16641%2C19881205%2C00.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AF.+Ross+Johnson" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Parker, Charles Whatley; and Greene, Barnet M. <a rel="nofollow" class="external text" href="https://books.google.com/books?id=OnJmAAAAMAAJ&q=%22F.+Ross+Johnson%22+sparta">"F. Ross Johnson"</a>, <i>Who's Who in Canada: An Illustrated Biographical Record of Men and Women of the Time, Volume 73</i>, p. 421, International Press Limited., 1982. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-919339-02-6" title="Special:BookSources/0-919339-02-6">0-919339-02-6</a>. Accessed June 28, 2011. "Residence: 210 East Mountain Road, Sparta, New Jersey 07871".</span> </li> </ol></div></div> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · 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