Non-Executive Chair/Lead Director

RESULTSWho Has Final Responsibility for Creating Your Board Meeting Agenda? March 04, 2010While the CEO handles this at the majority of companies, there are also others who perform this task.

ARTICLEHow to Be a Good Lead Director January 04, 2010Over the past five years, most large U.S. public companies have either split the roles of CEO and Chairman, or, to the extent the CEO also carried the Chairman title, appointed one of the independent (non-management) directors to the role of Lead Director. 

ARTICLEResults of the 4th Annual Lead Director Network Meeting July 29, 2009Lead directors discussed their role in board risk oversight duties and company risk management practices.

ARTICLEUnderstanding the Pay of Non-CEO Board ChairsMarch 24, 2009Of the 500 largest U.S. companies, 172 (34%) have separated their Chairman of the Board (COB) and Chief Executive Officer (CEO) positions. There is evidence that the trend toward separation is increasing, likely due to shareholder activism promoting separation. Such activism operates on the belief that separation results in better governance by providing more checks and balances than combined COB/CEO roles. To understand how those non-CEO COBs are paid, Hewitt analyzed 115 COBs who have been in the role for at least a full year and for whom pay data was available.