Linens CEO's Bizarre Behavior Troubles Billionaire Boss

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New York Post   |  James Covert   |   April 14, 2008 09:23 AM


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Billionaire buyout king Leon Black may soon make the boss of Linens 'n Things an offer he can't refuse.

The embattled retailer's CEO, Robert DiNicola, is obsessed with the movie "The Godfather," and likes to model his tough management style on that of Vito Corleone, the Mafia don played by Marlon Brando, sources told The Post.

But Black, whose buyout firm Apollo Management bought the Clifton, NJ-based company in 2005 for $1.3 billion, has "lost confidence" in DiNicola's routine, sources said.

An Apollo spokesman counters that the charge is "inaccurate." Linens 'n Things did not respond to a request for comment.


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- Trueheart See Profile I'm a Fan of Trueheart permalink

He is probably running a chain of discount stores using stock that "fell off a truck," headed for Linens & Things.

    Favorite    Flag as abusive Posted 04:14 PM on 04/15/2008
- vandegrasse See Profile I'm a Fan of vandegrasse permalink

He's gonna make him an offer he can't refuse.

    Favorite    Flag as abusive Posted 12:56 AM on 04/15/2008
- totalliberal See Profile I'm a Fan of totalliberal permalink

Hiring old friends over more qualified people. Sounds like the way republicans run the white-house.

    Favorite    Flag as abusive Posted 06:54 PM on 04/14/2008
- OpusIsUnderTheBed See Profile I'm a Fan of OpusIsUnderTheBed permalink



I generally keep vitamin salesmen at arms length.

    Favorite    Flag as abusive Posted 03:48 PM on 04/14/2008
- LivingStardust See Profile I'm a Fan of LivingStardust permalink

A CEO acting like the Mob. Who woulda thunk it.

    Favorite    Flag as abusive Posted 11:09 AM on 04/14/2008
- WIpatriot See Profile I'm a Fan of WIpatriot permalink

Yeah, his behavior is overlooked if he's delivering the numbers, but once that stops, well then it's bizzare behavior. Right. Got it.

    Favorite    Flag as abusive Posted 07:25 PM on 04/14/2008
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