GREY:NMKEF - Post by User
Post by
Tcheckon Oct 31, 2019 2:07pm
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Post# 30293189
gb shouldnt be sitting or sleeping in a boardchair
gb shouldnt be sitting or sleeping in a boardchair the board is there to keep him awake and on his feet .
from cnn
There is still plenty of debate over the best way to structure boards. But there has been a growing belief -- particularly among institutional and activist investors -- that the more independent the leadership of a board, the better.
ceo shouldnt be boardchair as well.
a majority of large, publicly traded US companies are now opting to keep those two roles separate.
A corporate board, after all, is charged with the hiring,
firing and oversight of CEOs and planning for a company's future. ISS also asked investors what reasons would "most strongly suggest" the need to separate the roles. The top three were poor responsiveness to shareholder concerns, practices that weaken or reduce board accountability (e.g. not permitting shareholders to call a special meeting), and a corporate crisis such as a product failure.
from cnn
Should CEOs double as board chairs?