But rather than fight NCAA sanctions as many alumni demanded, the Penn State board switched. The board examined the facts, and saw the failures of oversight and inadequate protection of children. They faced a classic recovery dilemma, and courageously made the right choice…
One of the first, and most important, steps on this path was the appointment Rodney Erickson, a 30-year veteran of the university and its former provost, to step in to fill the leadership void of the ousted predecessor Graham Spanier. In short, they hired a Jimmy Stewart-like pillar of integrity and responsibility…
…The board wisely drew on its reservoir of internal talent as well, asking board member and Merck CEO Kenneth Frazier to chair Penn State's special investigation committee. Frazier is not only a revered CEO but also was the general counsel of Merck who was well battle-tested in public controversy…