Victor Kiam is exploring the possible sale of Remington Products, which he bought in 1979 for $25 million in a leveraged buyout.
Remington Products was sold in 2003 to the battery manufacturer Rayovac.
There are 10 secretarial vacancies at Remington Products in Bridgeport, said Carole Torreso, the personnel manager.
Bristol-Myers Squibb agreed to sell the appliance division of its Clairol subsidiary to Remington Products.
Kiam did not return phone calls last week to his office at Remington Products in Bridgeport, Conn.
I was a freshman at Harvard when Dad bought Remington Products in Bridgeport, Conn., in 1979.
Remington Products' product line include Lady Remingtons, electric shavers for women.
He was also the owner of Remington Products and Toy Biz.
In 1994, Victor Kiam sold controlling interest of Remington Products to Isaac Perlmutter.
Remington Products will stay in Bridgeport, Conn., where it employs 1,100, thanks to a $15 million state loan guarantee.