Two years ago, Gillette directors raised eyebrows by letting CEO ALFRED M. ZEIEN stay past the mandatory retirement age of 65. Shareholders are happy they did. Under Zeien, Gillette has racked up 25 straight quarters of double-digit earnings gains. 1996 was no exception. As Zeien extended Gillette's global dominance in shaving and pulled off a $7.7 billion buyout of battery maker Duracell, its stock rose nearly 40%.

Updated June 15, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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