said Friday that directors who served during the Dennis Kozlowski era can't be re-elected the board.
Tyco said its board unanimously reaffirmed a September vote that said all nine directors who served during the former chairman's tenure couldn't be elected next year. Some Tyco directors had been working to reverse the September decision.
Tyco's board voted to allow Chairman Edward Breen to select two outgoing members to become nonvoting advisers.
The board also nominated retired U.S. Navy Admiral Dennis Blair to fill an expected vacancy.
"Today's decision confirms the board's commitment to select a new slate of independent directors who will bring a wide range of perspectives to Tyco," said Breen. "I believe the board is acting in the best interest of the company and its shareholders. I'd like to thank all the members of the board for making this decision."