Product Description
Abstract
Manny Vargas sat at his desk, staring out his office window as the last rays of sun disappeared over the hills surrounding Los Gatos, California. As the general counsel for aerospace firm Calero Corporation, he faced a difficult predicament. Lars Neilson, Calero’s newly installed CEO, was convinced that the company’s Board of Directors should replace its self-assessment questionnaire with something better able to measure and improve Board performance. The new CEO felt that a more progressive self-assessment program—including an enhanced policy that went beyond simply words on a page—not only made for better governance but would also send a strong statement to shareholders and analysts that Calero was refocusing its businesses and practices to better align with the current market environment.
Subjects Covered
Corporations
Setting
Geographic: Los Gatos, California
Industry: Aerospace Firm
Event Year Begin: 2014
Accessibility
To obtain accessible versions of our products for use by those with disabilities, please contact the HLS Case Studies Program at hlscasestudies@law.harvard.edu or +1-617-496-1316.
Educator Materials
A review copy is available free of charge to educators. Please create an account or sign in as a registered educator to gain access to these materials.
Note: It can take up to three business days after you create an account to verify educator access. Verification will be confirmed via email.
Copyright Information
Please note that each purchase of this product entitles the purchaser to one download and use. If you need multiple copies, please purchase the number of copies you need. For more information, see Copying Your Case Study.
