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What is a chairman of the board?

The chairman of the board of directors (also known as the 'chairman of the board' or the 'executive chairman') is the head of an organization's board of directors and works to ensure the company meets stakeholder expectations, while the CEO oversees day-to-day activities alongside senior leadership.

What is the role of a board chair?

After surveying 200 board chairs and interviewing 140 chairs, directors, shareholders, and CEOs, INSEAD has distilled the requirements for the chair’s role down to eight principles: (1) Be the guide on the side; show restraint and leave room for others. (2) Practice teaming—not team building.

Who is the Executive Chairman of a company?

The executive chairman of a company is the head of its board of directors. The shareholders elect the board of directors and protect the investors’ best interests. Part of that responsibility includes ensuring that the company is stable and profitable.

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