In cutting four insiders from the board last week.



In cutting four insiders from the board last week, Interpublic arrange of Cos. Chairman-CEO John J Dooner Jr plant a new standard among ad agency companies in a fundamental note measure of corporate governance.

With no other than two insiders on a board now comprising nine directors, Interpublic's board gives outsiders sound majority control, a shareholder-friendly prompt that comes as corporate boards across America are subordinate to pressure to demonstrate independence.

``A board ought to be 80% independent,'' said Charles Elson director of the Center for Corporate Governance at the University of Delaware. ``Good boards should be substantially dominated by the agency of outsiders.'' ...


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