In many acquisitions, there’s a change in leadership, and the acquiring company may appoint new executives or integrate existing leadership from both companies. This can lead to a shift in the composition of the board. The board plays a crucial role in overseeing the integration process. This includes aligning the strategies and cultures of the two companies, addressing operational synergies, and ensuring a smooth transition to achieve the desired objectives of the acquisition. While the day-to-day operations may be overseen by the management team, the board retains a strategic oversight role. They may be involved in decisions related to the direction of the integrated entity, key investments, and overall business strategy.