BoddaH1994 Posted December 19, 2019 Posted December 19, 2019 And the wheel keeps turning.... https://www.businesswire.com/news/home/20191219005060/en/Cedar-Fair-Appoints-Daniel-J.-Hanrahan-Board 1 Quote
IndyGuy4KI Posted December 20, 2019 Posted December 20, 2019 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? Quote
IndyGuy4KI Posted December 20, 2019 Posted December 20, 2019 2 minutes ago, King Ding Dong said: This pretty much sums it up Sometimes I like to ask a question to continue the discussion, knowing I can Google it. 1 1 Quote
King Ding Dong Posted December 20, 2019 Posted December 20, 2019 For everyone's benefit here is a brief definition: Quote 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. 2 Quote
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