0 0 9 – 2 0 1 7 ) ▁ ▁In ▁January ▁ 2 0 0 9 , ▁Luc zo ▁was ▁asked ▁by ▁the ▁Se ag ate ▁Board ▁to ▁return ▁as ▁CE O ▁of ▁the ▁company , ▁replacing ▁Bill ▁Wat kins . ▁As ▁of ▁the ▁date ▁of ▁his ▁h iring , ▁Se ag ate ▁was ▁losing ▁market ▁share , ▁facing ▁rapidly ▁decl ining ▁reven ues , ▁was ▁lag ging ▁in ▁product ▁delivery ▁with ▁high ▁manufact uring ▁costs , ▁had ▁an ▁excess ive ▁operating ▁exp ense ▁structure ▁and ▁had ▁a ▁balance ▁sheet ▁that ▁was ▁bur den ed ▁with ▁$ 2 ▁billion ▁of ▁deb t ▁that ▁was ▁due ▁within ▁ 2 ▁years . ▁The ▁company ' s ▁market ▁value ▁was ▁less ▁than ▁$ 1 . 5 ▁billion . ▁ ▁Luc zo ▁rev amp ed ▁the ▁entire ▁management ▁team , ▁and ▁quickly ▁re organ ized ▁the ▁company ▁back ▁to ▁a ▁functional ▁structure ▁after ▁a ▁failed ▁attempt ▁to ▁organ ize ▁by ▁business ▁units ▁in ▁ 2 0 0 7 . ▁Led ▁by ▁a ▁new ▁head ▁of ▁sales , ▁Dave ▁Mos ley , ▁a ▁new ▁head ▁of ▁operations ▁and ▁Development , ▁Bob ▁Whit more , ▁and ▁a ▁new ▁C FO , ▁Pat ▁O ' Mal ley , ▁the ▁team ▁worked ▁to ▁address ▁the ▁mult itude ▁of ▁challeng es ▁that ▁it ▁faced . ▁By ▁the ▁end ▁of ▁ 2 0 0 9 , ▁the ▁company ▁had ▁ref in anced ▁its ▁deb t ▁and ▁had ▁begun ▁to ▁turn ▁around ▁its ▁operations . ▁In ▁ 2 0 1 0 , ▁Se