Which Busch was the best CEO in your opinion, and why?
Hard to say which was best, although clearly not August IV. I focused on the five Busch guys who ran the company. Adolphus the First was a brilliant industrialist. His son somehow figured out how to keep the company running during Prohibition, when 99 percent of breweries went out of business.
Gussie comes along; he was a master at selling beer. He took it to the next level, big-time. Buying the Cardinals made a difference, too. The team never turned much of a profit, but how much beer sales did it provide, and what did it do for the brand and the story? And August III was the modern, steely, hard-charging executive that took it to a level Gussie probably never imagined. So it's hard to say.
Do you think Steven Busch [August III's other son, who was also being groomed as an A-B executive] might have saved A-B?
He was kind of young. August IV certainly had a lot more experience. But everyone you talk to about Steven says he's really bright. I had one person say that August IV's sister, Susan, should have been CEO. Had August III invested the time and effort training her as he did August IV, it could have been really interesting. But a person also told me that August III said the person who succeeded him had to have balls — and he wasn't speaking figuratively.
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