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Who Really Runs the Board? CEO, Chair, and Lead Director Dynamics [Cooley]
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Who Really Runs the Board? CEO, Chair, and Lead Director Dynamics [Cooley]
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What makes a board leadership structure effective in practice?
In this episode, Doug Chia speaks with Beth Sasfai and Michael Mencher of Cooley about the practical realities behind board leadership structure, including the roles of the independent chair and lead independent director, the influence of CEO personalities and founder-led companies, and the arguments for and against combining the roles. They also explore why structure alone does not determine effectiveness, how an executive chair can facilitate CEO transitions, and why companies continue to make these decisions based on their specific circumstances.
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