corporate governance - best practices? board, member, person, corporate

Walex

Should the CEO and the Chairman be the same person? Or shoul the Chairman be an independent board member?

zhaoyp

CEO and chairman should be different.

And it is not necessary that Chairman should be an independent board member. It is recommended though.

comp_sci_kid

It is not required that "CEO and Chairman" be different. It is recommended though. A company would not violate CFAI corp governance standards by having same CEO and Chairman. It is not necessary that the Chairman be an independent board member.