Trust is the most critical factor distinguishing a successful CEO-board chair relationship, built through vulnerability, openness, and transparency over time.
The survey highlights five key moments where trust must be reinforced: negotiating CEO compensation, annual evaluations, feedback from board sessions, succession planning, and adversity.
A growing trend among U.S. boards is the separation of the CEO and chair roles, with nearly 60% of S&P 500 companies implementing this change.
39% of S&P 500 companies now appoint an independent board chair, emphasizing the evolving governance structures aligning with practices seen in Europe.
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