Maxxam corporation - The poster child of corporate irresponibility.
Maxxam corporation is directed by CEO
Charles Hurwitz. Subsidiaries include
Pacific Lumber and
Kaiser Aluminum. Under Maxxam's robe
Charles Hurwitz has plundered the
redwood forests of
Northern California, blazed a trail of legal and regulatory recklessness, a costly, and unecessary
labor dispute with the
United Steelworkers of America, pioneered unsafe working conditions and had surprisingly bad financial performance.
An article in
Business Week named Maxxam's board as the 10th worst on its roster of "The Worst Boards of Directors."