Cummins Board Of Directors: A Case Study

The executive committee consists of the following: S. Truett Cathy, Founder, Dan T. Cathy, Chairman, President and Chief

The Board of Directors consisted primarily of Gerry Wiegert, John Pope, and Barry Rosengrant. Gerry was the President, so it was typical for him to be a part of the board. John Pope was a financial consultant; therefore, he was adequate to be the financially literate person on the board. Barry was in real estate, but he was a consultant of Vector Car which gave him some knowledge of the company. Dan Harnett and George Fencl were also a part of the board for some point of time; they also had adequate knowledge to be capable additions to the board with their knowledge of law and

Bob did a really good job in selecting the outside talent to represent on the advisory board. Bob knew that the family owned businesses had their own challenges so he chose Barry Ready, President of Readymade Office Systems, to join the Board because of the similarities between the two businesses. Bob also brought in functional experts Dick Crandall (finance) and Jim Carter (sales and marketing). Later, Bob added Peggy Thomas to bring diversity to the board and Mark Anderson, COO of Portland Timber, because of his real estate expertise.

Ellen R. Gordon, President and Chief Operating Officer and Melvin J. Gordon, Chairman and Chief Executive Officer.

Laurie Bebo – President & CEO of ALC– In November 2006, Bebo was promoted f to CEO of Assisted Living Concepts. Bebo held the position of CEO until her termination in May 2012. Bebo was also a member of the ALC Board of Directors. Bebo was instrumental in talking the Board of Directors into the leases with Ventas. She orchestrated the fraud at ALC.

Milton Johnson was assigned president of HCA in 2011 and CEO in 2014 (“R. Milton Johnson,” n.d.). Johnson works in conjunction with HCA’s board of directors which includes 11 individuals. The board of directors is comprised of Robert Dennis, Nancy-Ann DeParle, Thomas Frist III, William Frist, Ann Lamont, Jay Light, Geoffrey Meyers, Michael Michelson, Wayne Riley, and John Rowe (“Board Composition,” 2016). HCA’s Chief Operating Officer is Samuel Hazen, who assumed his role in 2011 (“Samuel N. Hazen,” n.d.). HCA’s Chief Financial Officer is William Rutherford, who also assumed his role in 2011 (“William B. Rutherford,” n.d.). Within Parallon there are additional executive officers for each division. Brendan Courtney is the President and CEO of

Raytheon Corporation hired Lawrence Korb in September 1985 after he served as Assistant Secretary of Defense (Manpower, Installations and Logistics) from 1981 to 1985. His Raytheon position was to serve as the Vice President in charge of Washington Operations. This position was to serve basically as a lobbyist for Raytheon supporting all government departments including the Department of Defense.

In 1985, the company hired Nolan D. Archibald as president and chief operating officer (CEO). Under his leadership

To make matters worse, Nortel’s Board of administrators failed to have one member that had monetary experience. The twelve-member board was freelance of Nortel, however, most of the members had alternative directorships. This created it troublesome for them to

E. F Hutton as a broker and assistant manager, but when that firm merged with Shearson-

A few weeks earlier, John M. Case, board chairman, president, and sole owner of the

Members Characteristics – Overall, Hausman did a good job on assembling his board of directors. When determining who will make a good board member there are several things to look for. First a good board has an expert in legal matters, accounting, marketing, human resources, and finance. The only expert missing from RO’s board is a human resources expert. Next it is important to ensure that all board members will be able to regularly attend meetings. While most board members were local, several were not, and it was an area RO could improve. Also for outside members of the board, it is important to have knowledge of the industry and/or target market. With the appointment of the EVP of a large health snack company, Hausman made a good appointment (although location is an issue), but the knowledge that the CEO of the tech company may bring to the table may not be valuable. Finally, it is important to have complimentary personality traits. Overall, the RO’s board of directors is a strong, valuable board.

Carreon, a former Corporate Legal Counsel of PLA Co., or Atty. Henry Sinyo who was then the

The following table sets forth certain information with respect to the executive officers and directors as of September 1, 2009:

He holds a BS degree in electrical engineering from an Indian technology institute and an MBA from a major U.S. university. Sean Davidson, director of technology, has more than ten years of experience in software development and integration. Walter Vu has almost ten years of experience in sales and business development in the software industry, including positions at Claris and Maxis. Mitch Feldman, director of marketing, was responsible for the marketing communications function and the Internet operations of a large software company for six years. Management strives for continual improvement in ease of user interface, personalized services, and amount of information supplied to customers.