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One-On-One: HRG CEO David Radcliffe Reaffirms Strategy, Performance.

Article Excerpt
HRG CEO David Radcliffe this month spoke with Business Travel News editor-in-chief David Meyer and travel management editor Seth Harris about the company's strategy as a public company in light of its disappointing stock price performance, corporate travel demand related to the economic slowdown and its U.S. growth tactics.

BTN: How is the strategy of listing on the London Stock Exchange working?

David Radcliffe: The long-term strategy of going public is working. There is no question about that. I think it was the right thing to do then, and I still think it's the right thing to do longer-term. We've got some work to do with getting our message across. We are a good company. We are not in bad shape at all, but I don't think we've done a good job in getting our message across to the investors as to what we are and to what the shape of our business is.

BTN: Is it mostly about more effectively communicating with the investment community?

Radcliffe: I believe so. If you actually look at the underlying performance of the company and at the last trading statement and what that did, it was unfortunate mainly because of its timing. If you look at what the company is doing and add back...

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