Jump to content
Sign in to follow this  

Cedar Fair appoints new chairman

Recommended Posts

I don't understand the "independent board chairman" when he was already on the board. 

When I think of independent, I think an outside person? 

Share this post

Link to post
Share on other sites

For everyone's benefit here is a brief definition:


Having an independent chair helps the board carry out its primary duty—to monitor the management of the company on behalf of its shareowners. A CEO who also serves as chair can exert excessive influence on the board and its agenda, weakening the board's oversight of management.

A good thing to have in my opinion even in tightly held organizations.

  • Like 2

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...