Peerless Paint Company (A)

12 Pages Posted: 21 Oct 2008

See all articles by Mark E. Haskins

Mark E. Haskins

University of Virginia - Darden School of Business

Robert Sack

University of Virginia - Darden School of Business

Sheryl Gatto

University of Virginia - Darden School of Business

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Abstract

The unexpected death of Richard Connor, founder, controlling shareholder and chairman of the publicly traded Peerless Paint Company, created a number of problems for the outside directors on the board. Who should now be leading the company forward? How should the outside board members address Richard's two sons, their ambitions, rivalry and positions on the board? Is the company prepared to cope with major incipient product, technology and regulatory changes in its industry? What are the roles of the audit committee and audit partner in this situation?

Keywords: financial management, financial resources, management of, interpersonal relations, management-decision models, organizational change, organizational behavior, diversity case, small business, diversity

JEL Classification: G34, M40

Suggested Citation

Haskins, Mark E. and Sack, Robert and Gatto, Sheryl, Peerless Paint Company (A). Darden Case No. UVA-C-2092, Available at SSRN: https://ssrn.com/abstract=1276582

Mark E. Haskins (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924 -4826 (Phone)

HOME PAGE: http://www.darden.virginia.edu/faculty/haskins.htm

Robert Sack

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Sheryl Gatto

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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