by Joseph McCafferty There was some new analysis on whether it makes sense to split the posts out this summer from GMI Ratings, an environmental, social, and governance ratings agency. GMI’s headline finding is that it’s actually cheaper to separate the CEO and the chairman. Companies with the jobs combined into one pay a median [...]
Tag Archives | chairman/ceo split
Corporate Secretary: Should the chair and CEO roles be split?
August 27, 2012 in Daily Viewpoint, GMI In the News
Should the chair and CEO roles be split? by Michelle Lamb Experts argue combined CEO/chair role may undermine shareowners’ interests. Board independence has been a hot topic in governance circles for some time, especially independence of the board’s lead role: the chair. The position sets the agenda, establishes the tone at the top and is [...]
GMI Ratings Report Shows That Combined CEO/Chairmen Cost More
July 5, 2012 in GMI Press Releases
A GMI Ratings report shows that combined CEO/chairmen cost more, present higher ESG and accounting risk, and provide lower long‐term shareholder returns than if the positions are separated. New York, June 28, 2012 – GMI Ratings, the corporate governance, accounting and ESG research and rating firm, released today a new report that shows that the [...]