Word: newboard
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Dates: during 1992-1992
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...source said that when Meyer took over fromCabot as HMC president, he put in place a newboard of directors for Aeneas to supervise its twomanaging partners more closely...
Sperling and Eisenson acknowledged that a newboard exist, asserting that the idea for itscreation was theirs and that Meyer merely agreedto it. They said the board was established not torespond to lax business practices or inadequatesupervision, but to allow for more consultationon Aeneas' investment decisions...
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