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  • September 2006 (Revised November 2007)
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Board of Directors of Medtronic, Inc.

By: Jay W. Lorsch and Alexis Chernak
  • Format:Print
  • | Pages:26
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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.)
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About The Author

Jay W. Lorsch

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More from the Authors
  • A Nonprofit Board in Transition at Farrington Nature Linc By: Jay Lorsch and Emily Irving
  • Uber in 2017: One Bumpy Ride By: Suraj Srinivasan, Jay W. Lorsch and Quinn Pitcher
  • Understanding Boards of Directors: A Systems Perspective By: Jay W. Lorsch
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