In 2002 Wendy Lane was a member of the board of directors of Tyco International just over a year, when the CEO, Dennis Kozlowski and other top managers were accused of fraud, which ultimately led to the dismissal, imprisonment, lawsuits, and the Commission on securities. In a short period of time Tyco lost two-thirds of its market value. Many people outside the company questioned the leadership board and diligence. Lane, who had a successful career in investment banking before becoming a professional director, was in the storm. The case examines the events that led to the crisis and its reflection on the management of the crisis, both personally and professionally, reputational risk it faced and the lessons she learned as a director. "Hide
by Suraj Srinivasan, Aldo Sesia Source: HBS 18 pages. Publication Date: May 20, 2011. Prod. #: 111035-PDF-ENG
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