Cornerstone of the Board: Building a new board—Lessons from Spinoffs
Julie Hembrock Daum and Julie Cohen Norris
July 2007
The development of a robust M&A market often leads to a roaring tide of spinoff businesses. But what is the blueprint for creating a successful new entity?
Providing insight on a range of governance issues, from deciding whether to divide or combine the CEO and chair roles, electing the right number of board members and recruiting leadership that will foster growth, this issue of Cornerstone of the Board examines models for creating successful boards for spinoff companies. Experts such as Jack Krol, former CEO of DuPont and lead director of Tyco, and Dan Hesse, chairman and CEO of Embarq, articulate the essence of building a successful spinoff board.
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