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Some analysts worry that it will not be enough to finance the ambitious turnaround plan started by Mr. Nugent.
But this year, the company introduced its largest and most ambitious turnaround effort so far, with its BlackBerry 10 line of phones.
Drawing heavily on his experience at Boeing in the wake of the 9/11 attacks, Mr. Mulally developed an ambitious turnaround plan.
Some experts note that the long-term benefits of the ambitious turnaround program matter more than any short-term difficulties in carrying out changes.
Since being named C.E.O. in April, Ms. McCoy, who is 54, has embarked on an ambitious turnaround plan that includes wringing out $400 million in costs, sharply increasing sales and almost doubling operating margins within three years.
Interpublic executives have identified Lowe as a laggard that needs to regain its primacy if Interpublic is to complete its own ambitious turnaround after two years of financial, operational and accounting problems.
Similar(50)
The District of Columbia received $75 million, based partly on its new performance-based teachers contract, an ambitious school turnaround plan and a novel program under which not-for-profits and others from outside the system will operate some struggling schools.
Willumstad, who had been the board chairman, had formulated an ambitious restructuring and turnaround plan and was just beginning to implement it.
He's moving ahead with an ambitious and expensive turnaround plan that the team launched five years ago, and he's even pumped in some Liberty money to push it along.
"Bain Capital undertook an ambitious plan in 1993 to turnaround GSI, a struggling manufacturer of specialty steel products that was slated for closure if no investor could be found.
As an added plus, these type of deals don't take anywhere near the hand-holding and work that the big ambitious, swing-for-the-fences turnarounds required.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com