- This event has passed.
Sponsored by the Rock Center for Corporate Governance
5:30 – 6:00pm: Reception
6:00 – 7:00pm: Panel Discussion
“Breaking Up is the New Thing to Do in Silicon Valley,” declared an October 2014 New York Times’ DealBook column. During the fall of that year, four of the 50 largest Silicon Valley tech firms (eBay, HP, JDS Uniphase, and Symantec) spelled out plans for a corporate split or spinoff. This rush followed a 2013 spinoff of Agilent, a company itself created in a prior spinoff from HP. Most recently, Yahoo! announced that it would be spinning off its Alibaba investment into a new company. These spins or splits create unique challenges for the board of each company.
This panel brought together leading academics and practitioners to discuss how boards should evaluate and navigate these issues, with special focus on actual board structure considerations during and immediately after the split. Panelists included Ronald J. Gilson, Charles J. Meyers Professor of Law and Business, Stanford Law School; John T. Thompson, Vice Chairman, Global CEO and Board Practice, Heidrick & Struggles; Nancy Wojtas, Partner, Cooley LLP; and Heidi Fields, Executive Vice President and CFO, Blue Shield of California and Director, Agilent Technologies and Financial Engines.