;#Faculty News;# | Bloomberg.com | 20
Office Depot-OfficeMax CEOs Face Off in Unorthodox Search
Re: Jay Lorsch
"We always tell our students that you need to decide three things before a merger: price, board of directors and CEO," said Jay Lorsch, a professor at Harvard Business School in Boston who has studied boards and management for 25 years. "I don't think this bodes well for the merger if they can't agree on a CEO. I've never seen anything like it."