Chairman/CEO joint-duties still prevalent
Tremendous editorial on splitting Chairman/CEO roles appears today in The Wall Street Journal written by Gary Wilson.
In addtion to laying out several well-founded points supporting split roles, Wilson reveals a stunning statistic of which even we were unaware: 65% of S&P 500 companies have the same person employed as both Chairman and CEO.
Wilson’s opinions carry added weight… he is currently the Chairman of Northwest Airlines, a director of Yahoo, a former director of Disney, and a shareholder-nominated candidate for the board of CSX.
To read the editorial, click here.
