Friday, February 03, 2006

USA - Splitting CEO and Chairman Roles

Board members are placing a priority on maintaining their independence from the Chief Executive and are increasingly advocating that the chairman and CEO roles be separated to promote a balance of power, according to a recent survey by global executive search and assessment firm Russell Reynolds Associates. While this trend is more established in Europe, data indicates that companies in the United States are increasingly following suit and rapidly heeding the call for the 'division of labor' between the corner office and the boardroom. More at:

Separation Of CEO And Chairman Role Increases, According to Russell Reynolds Associates' Survey

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