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Article: Wall Street's `Mr. Fixit' to Head Split National Service Industries.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- July 14, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Peralte C. Paul, The Atlanta Journal and Constitution Knight Ridder/Tribune Business News
Jul. 14--Wall Street knows him as Mr. Fixit.
Closer to home at 1420 Peachtree St., executives at National Service Industries want Robert S. Jepson Jr. to rebuild two of its solid but perennially laggard businesses.
NSI last month decided to split itself in two. Jepson, 58, agreed to run the new NSI, comprising National Linen Service, one of the nation's largest textile rental companies, and Atlantic Envelope Co. It will have a separately traded stock.
Under the reorganization, James S. Balloun, NSI's current chief executive, will head the ...