BUSINESSWEEK ONLINE : FEBRUARY 28, 2000 ISSUE
COVER STORY

Henry R. Silverman


BORN
1940, Brooklyn

EDUCATION
B.A., Art History, Williams College, 1961; Law Degree, University of Pennsylvania, 1964.

CAREER
Made name as investment banker doing deals in the '80s at Reliance Group Holdings and later at Blackstone Group. Built franchising giant HFS Inc., took it public in 1992, and engineered ill-fated merger with CUC International in 1997, forming Cendant.

VALUE OF CENDANT STAKE IN EARLY APRIL '98
$1.1 billion

VALUE OF CENDANT STAKE TODAY
$530 million, including unvested options

LEAST FAVORITE GIFT
A T-shirt commemorating the merger from CUC chief Walter Forbes showing Cendant's $30 billion market cap, with an arrow pointing up to $100 billion.

BIGGEST VICE
Enjoys the occasional vodka martini and expensive cigar.

BOOKS HE'S READING
Biographies of Vince Lombardi and George Patton

FIRST THING HE DOES AT NIGHT
Drops his bag and gets down on all fours to play with his Maltese dogs, Ivory and China. ''They love me. They don't care if the stock went down.''

FAMILY
Married to second wife Nancy for 22 years. Three daughters, two from the earlier marriage, and two grandchildren.



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RELATED ITEMS
Henry Silverman's Long Road Back

COVER IMAGE: The Long Road Back

TABLE: Silverman's Three-Step Plan

TABLE: The Cendant Saga

CHART: Cendant's Wild Ride

TABLE: Cendant's Brand Portfolio

RESUME: Henry R. Silverman

``Just Going About His Business''

ONLINE ORIGINAL: Silverman: "The Scars Will Be with Me

ONLINE ORIGINAL: Is It Safe Yet to Buy Cendant?



INTERACT
E-Mail to Business Week Online

 
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