Not a Beautiful Friendship: Perfecting the Chair-CEO Balance
By Kristin Gribben November 21, 2011
More companies are mastering the art of seperating the chair and CEO roles. But the relatively new leadership structure can still cause friction at companies that heven’t yet hit on the right formula. Personalities may clash, the CEO may resent not holding the chairman title, or the chairman may have his own eye on the corner office. For example, AIG‘s former non-executive chair, Harvey Golub, resigned last year because of strategic disagreement and just plain bad chemisty with CEO Robert Benmosche.
Building an effective relationship between the chairman and CEO require giving careful consideration to their dynamic when each individual is appointed.