Wednesday, 11 February 2015 04:33

Chairman-CEO Structure - Endnotes Featured

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    1    For an overview of the demographics of the F100 CEOs, see the infographic “Fortune 100 CEOs // Demographics, Education & Career Paths,” N2Growth, 2013.

    2    “Splitting The CEO And Chairman Roles – Yes Or No?” by Charles Tribbett, The Corporate Board, November/December 2012. The “2012  Spencer Stuart Board Index” reports almost identical numbers for the S&P 500: 43% separating the roles, up from 25% in 2002.
    3    “CEO Succession 2000-2009: A Decade of Convergence and Compression,” by Ken Favaro, Per-Ola Karlsson, and Gary L. Neilson, Strategy + Business, Summer 2010.
    4    “Board Leadership among S&P 1500 Companies,” by Annalisa Barrett, Equilar, 2012.
    5    “Splitting The CEO And Chairman Roles – Yes Or No?” by Charles Tribbett, The Corporate Board, November/December 2012.
    6    “2012  Spencer Stuart Board Index.”
    7    “Board leadership: A global perspective,” Deloitte, 2011.
    8    “Chairing the Board: The Case for Independent Leadership in Corporate North America,” Millstein Center for Corporate Governance and Performance, Yale School of Management, 2009.
    9    “Pros and Cons of Differing Models of Board Leadership,” NACD, 2013.
    10    “CEO Duality and Firm Performance – An Endogenous Issue,” by Chia-Wei Chen, Barry Lin, and Bingsheng Yi, Corporate Ownership & Control, Fall 2008.
    11    “The Costs of a Combined Chair/CEO,” by Paul Hodgson and Greg Ruel, GMI Ratings, June 2012.
    12    “When the CEO is also the Chair of the Board,” by Aloke Ghosh and Doocheol Moon, Zicklin School of Business, June 2009.
    13    “The Costs of a Combined Chair/CEO,” by Paul Hodgson and Greg Ruel, GMI Ratings, June 2012.
    14    “Key Metrics Series: Entrenched Boards,” GMI Ratings, March 2013.
    15    “Board governance depends on where you sit, by William George, McKinsey Quarterly, February 2013.
    16    “Should the CEO Be the Chairman?” by Jay W. Lorsch and Andy Zelleke, MIT Sloan Management Review, Winter 2005.
    17    “Splitting The CEO And Chairman Roles – Yes Or No?” by Charles Tribbett, The Corporate Board, November/December 2012.
    18    Dividing The Seat Of Power,” by Jean-Michel Beigbeder, Charles H. King, and Keith Meyer, The Corporate Board, July/August 2012.
    19    “Apprentice, Departure, and Demotion: An Examination of the Three Types of CEO–Board Chair Separation,” by Ryan Krause and Matthew Semadeni, Academy of Management Journal, June 2013.
    20    “How to separate the roles of chairman and CEO,” by Robert F. Felton and Simon C. Y. Wong, McKinsey Quarterly, November 2004.
    21    Given that cutoff date, our tables and analyses do not include recent CEO changes at companies including Kroger, Microsoft, Valero Energy and Walmart and, or the CEO and structure changes at General Motors.
    22    “Elsenhans Leaves Sunoco Shedding Refineries for Pipelines,” by Bradley Olson and Edward Klump, Bloomberg News, February 3, 2012.
    23    “Philip Morris CEO to Step Down,” by John Kell, The Wall Street Journal, March 13, 2013.
    24    “Ford Taps Boeing Executive as CEO,” by Monica Langley and Jeffrey McCracken, The Wall Street Journal, September 6, 2006.
    25    “GM’s N. American chief considered for CEO job in 2010 – book,” Reuters, January 23, 2013. Whitacre's book is American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA.

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Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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