A few years later Jabot had another shake up when after finding out his son Jack Abbott (then Terry Lester, now Peter Bergman) was having an affair with his younger wife Jill Foster Abbott (then Brenda Dickson, now Jess Walton) he disowned Jack and fired him from Jabot.

John filed for divorce and because he didn't want the facts about Jack and Jill's affair made public he gave Jill a divorce settlement that included 1/4 ownership of Jabot, an executive position worth $150,000 a year, and a seat on the Jabot Board of Directors.

John replaced Jack with his new son-in-law Brad Carlton (Don Diamont), who was a salesman to that point.

This backfired on Jack when his rival Victor Newman (Eric Braeden) bought enough shares to take over control of Jabot.

Victor offered to give control of Jabot back to the Abbott family, if Jack divorced Nikki.

Victor later married Jack's sister and Jabot's chemist Ashley Abbott (then Brenda Epperson, now Eileen Davidson).

Victor once again fired Jack for taking over control of Newman Enterprises and as a result John and Ashley resigned from Jabot.

Jack and Brad once again took over control of Newman Enterprises by changing spreadsheet numbers and packing the Newman Board of Directors with Jack's old flame and Victor's newest ex-wife Diane Jenkins (Alex Donnelley) and with her lawyer Michael Baldwin (Christian LeBlanc).

Cane, who was uncomfortable with replacing his father-in-law, brought Neil back in to run the company while Jack was distracted by his pill addiction and ongoing efforts by Victor to regain control of Newman.

In June 2011, the cosmetics line was made a "reality" when a licensing deal was struck between CBS Consumer Products and Sony Pictures Television.

"[1] The line had its official debut at the Daytime Emmy Awards of 2011; additionally Tracey E. Bregman who plays Lauren Fenmore hosted a special on the Home Shopping Network.