Project Description


  • Company business model in transition resulting in dramatically smaller company with lower revenue and significant losses
  • Urgent need to stabilize the business, provide strategic direction and leadership
  • Weak senior management below CEO, senior management in flux
  • G&A functions significantly oversized
  • Big bet on joint venture in China with high risk and high return

Solution – Board Management

  • Developed process for clear vision and strategy
  • Stabilized senior management
  • Enhanced board reporting and governance
  • Lead effort to resize G&A
  • Created strategic plan to leverage and monetize IP without reducing IP protection
  • Created governance mechanism for China JV


  • The company transitioned to a profitable business model
  • Smaller, focused and more effective management
  • G&A costs reduced to benchmarks
  • Company sold to HP for $3.2B with significant premium to market price