Nielsen Streamlines Board

Nielsen has announced a reduction in the size of its Board of Directors to eleven members, with one director each from its six controlling partners.

Directors representing private equity sponsors The Blackstone Group, The Carlyle Group, Kohlberg Kravis Roberts & Co., Thomas H. Lee Partners, Hellman & Friedman and Centerview Partners will still make up a majority, with the other five seats remaining unchanged - CEO David Calhoun and four independent directors. Previously each of the first four of the above sponsors had two directors, making a total on the Board of fifteen.

Calhoun (pictured) says the move is 'a natural progression... and will enable a more efficient and streamlined board that allows for more effective governance.'

The four directors tendering their resignations are Eliot P. S. Merrill, Simon E. Brown, Robert D. Reid and Scott A. Schoen. The remaining eleven are as follows:

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. Randivé, independent director
Javier G. Teruel, independent director.

Web site: www.nielsen.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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