Knowledge Center: Publication
Chief Executive Officer & Board of Directors
From public service to public company5/25/2012
In 2011, a little more than 10 percent of newly appointed directors at major corporations came from the ranks of former government officials and retired military officers. Former U.S. Senator and Indiana Governor Evan Bayh joined the board of Fifth Third Bancorp, whose board is chaired by former FDIC Chairman William Isaac. Retired General William Wallace was elected to the board of Oshkosh Corp., where retired Lieutenant General Leslie Kenne has served since 2010. Former Chicago Mayor Richard M. Daley joined the board of Coca-Cola, where his colleagues include former U.S. Secretary of Labor Alexis Herman, former U.S. Ambassador to the United Nations Donald F. McHenry, and former U.S. Senator Sam Nunn.