Nielsen Consolidates Board, Private Equity Firms Still In Control
by Joe Mandese,
Dec 13, 2012, 7:30 AM
Nielsen, the publicly traded media and marketing research giant whose shares are still controlled largely by big private equity firms, this morning shook up the composition of its board of directors and reduced it to 11 members, with one each from the private equity firms.
The rest of the Nielsen board remains unchanged, and will be comprised of Nielsen CEO David Calhoun
and four independent directors, though the private equity firms will still control the board.
In a statement, Calhoun described it as a “natural progression” that would enable a “more efficient and streamlined” and “effective governance” of the company.
The new board is comprised of:
Michael S. Chae, The Blackstone Group
James A. Attwood, Jr., The Carlyle Group
Alexander Navab, Kohlberg Kravis Roberts & Co.
Richard J. Bressler, Thomas H. Lee
Patrick Healy, Hellman & Friedman
James Marshall Kilts, Centerview Partners, Chairman of the Board of Nielsen
David L. Calhoun, CEO, Nielsen
Karen M. Hoguet, independent director
Robert C. Pozen, independent director
Vivek Y. Ranadivé, independent director
Javier G. Teruel, independent director
In a statement, Calhoun described it as a “natural progression” that would enable a “more efficient and streamlined” and “effective governance” of the company.
The new board is comprised of:
Michael S. Chae, The Blackstone Group
James A. Attwood, Jr., The Carlyle Group
Alexander Navab, Kohlberg Kravis Roberts & Co.
Richard J. Bressler, Thomas H. Lee
Patrick Healy, Hellman & Friedman
James Marshall Kilts, Centerview Partners, Chairman of the Board of Nielsen
David L. Calhoun, CEO, Nielsen
Karen M. Hoguet, independent director
Robert C. Pozen, independent director
Vivek Y. Ranadivé, independent director
Javier G. Teruel, independent director
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