Separating the CEO and Chairman Roles
Thomas J. Neff and Ram Charan
January 2010
Each board should decide which governance model is right for it, based on the board and company circumstances. The primary objective should be the board's independence from management and the need for board leadership to deal with those matters of governance where independence matters. Moving to the nonexecutive chair model requires careful planning and thoughtful execution. This column, published by Businessweek.com, highlights some of the considerations boards should take into account when deciding whether to establish the nonexecutive chairman role and how to successfully implement this approach for their organizations, if appropriate.
Read the full article first published on Businessweek.com on January 15, 2010.