Executive Takeaways
■ Nominating committees play a key role by identifying new director candidates. ■ Despite regulation, CEO influence over director searches remains a risk in some cases. ■ CEO influence also can help some companies to attract talented directors.
■ A board’s focus on chemistry and comfort can reduce director independence. ■ Such a focus also may enhance board operations and collegiality.
James G. Tompkins, Professor of Finance Dana R. Hermanson, Professor, Dinos Eminent Scholar Chair of Private Enterprise
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