Peter Whitehead reports on the most notable findings from our series of debates called “The Board is Dead; Long Live the Board” as part of the FT's Executive Appointments’ “Better Boards” series.
A board is only as strong as its chairman – so it should be easier to fire a bad one, say the participants in the fourth round table debate.
They worry that chairmen tend to drag their heels when they should be stepping aside, and are too often reluctant to give up the income and perks of the job. “Boards should be wary of appointing a chairman who needs the income,” they conclude...
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