Sharing the Lead: Examining the Causes and Consequences of Lead Independent Director Appointment

The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies.

Sign in
Forgot Your Password?

Keep me signed in on this computer

Create an account

Members of The Conference Board get exclusive access to the full range of products and services that deliver Insights for What's Ahead^TM including webcasts, publications, data and analysis, plus discounts to conferences and events.

If you are not a Member yet, we invite you to explore a variety of our products and services, as our guest.

Become a member

Explore how membership in The Conference Board can benefit you and your organization.

Visit our Preference Center

Tell us what you are interested in and we'll send you related content.

Tags

Full Listing

Sharing the Lead: Examining the Causes and Consequences of Lead Independent Director Appointment

Authors:
Ryan Krause
Michael Withers
Matthew Semadeni
Publication Date:
August 2017

Many companies now use lead independent directors, yet little is known about when they are selected, who is selected, what impact their selection has on performance, and whether their selection prevents the future separation of the CEO and chair positions. We explore these four questions and largely find that lead independent directors represent a power-sharing compromise between the CEO/chair and the board.