CEOs who sit on the company’s board hold a position of both privilege and responsibility. They are placed in two conflicting roles -- managing the day-to-day business and overseeing the big-picture decisions. It is the responsibility of the board to oversee the CEO and corporate performance on behalf of the shareholders and investors. This brings us to the question: How much CEO influence is appropriate and how does a board navigate?
What are the power dynamics that come into play when the CEO owns the majority of the company?
Should the CEO and Board Chair be kept as separate roles?
- How does the board navigate governance when the CEO is involved in unethical and/or unlawful behavior?