| HBS Case Collection
(Revised June 2005)
Raises issues about how the nature and function of a board changes as its company moves from ownership by its employees (including the founder) to ownership by a private equity firm, Hellman & Friedman, to public ownership. Teaching Purpose: To consider changes in board membership, board duties, and board responsibilities. A rewritten version of an earlier case.
Keywords: Private Equity;
Governing and Advisory Boards;
Lorsch, Jay W., and Ashley Robertson. "Digitas (A)". Harvard Business School Case 405-023, July 2004. (Revised June 2005.)