Borden takes new road to succession
Company known for its emerald green Eagle Brand medicated oil hands reins over to professional managers instead of family members
Singapore
TO preserve generations of work, Borden Company, which was previously run only by family members of founding partners, has handed the reins over to professional managers as it takes a step towards succession planning.
The history of Borden Company, known for its emerald green Eagle Brand medicated oil, can be traced all the way back to Germany in 1916. Planning for succession, said Borden Eagle Singapore's director Edy Chew, is therefore "a little bit overdue".
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