Publications
Publications
- September 2006 (Revised November 2007)
- HBS Case Collection
Board of Directors of Medtronic, Inc.
By: Jay W. Lorsch and Alexis Chernak
Abstract
The board of directors of Medtronic, Inc., a company known for its commitment to effective corporate governance, must prepare for the departure of Chairman and CEO Bill George and the retirement of four long-time directors. The company had experienced rapid growth in the early 1990s as well as significant change in the composition of its board. Now the Medtronic directors must evaluate how the board has changed, how it will continue to change, and how it should prepare for the future.
Keywords
Change Management; Corporate Governance; Governing and Advisory Boards; Management Succession; Organizational Culture
Citation
Lorsch, Jay W., and Alexis Chernak. "Board of Directors of Medtronic, Inc." Harvard Business School Case 407-045, September 2006. (Revised November 2007.)