Linens CEO's Bizarre Behavior Troubles Billionaire Boss
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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New York Post | James Covert | April 14, 2008 09:23 AM