The Nonexecutive Chairman: Offering New Solutions
While still not the norm in the United States, more boards of directors than in the past are appointing independent, nonexecutive chairmen. In light of the heightened interest in the role, this issue of Cornerstone shares perspectives about the nonexecutive chair position in practice, including the situations in which boards are most likely to appoint a nonexecutive chair, who is likely to fill the role, the qualities and experience of the most effective individuals in this role, and their responsibilities and compensation.
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