Tips for Transitioning to an Independent Chair

A new, independent Chair means changes – for the company and its management, for the board, and for the Corporate Secretary. While an independent board Chair is not a new phenomenon, in the United States only a minority of companies utilize this structure. Only six of the Fortune 500 have an explicit policy separating the two positions.

This relatively new phenomenon suggests that in the U.S. the process of transition from one independent Chair to another has not become routine. Corporate secretaries now must navigate a host of new dynamics in helping the new Chair seamlessly and successfully move into a leadership position and in fostering the Chair/Management relationship. Read our tips for a successful transition in “Tips for Transitioning to an Independent Chair” in the November issue of Corporate Secretary Magazine.

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