EGC Corporate Governance Practices (May 2018)

EGC Corporate Governance Practices: A Survey and Related Resources PAGE 38 Separation of CEO and Board Chair Roles Of the 168 EGCs, approximately 53.6% separated the positions of chief executive officer and board chair. Of the 78 companies that did not separate the roles, approximately 24.4% designated a lead independent director. Figure 58 : N=168. Figure 59 : N=78. Yes; 90 No; 78 Frequency of Separation Yes No Designated Lead Independent Director; 19 No Designated Lead Independent Director; 59 Designated Lead Independent Director (By Frequency) Designated Lead Independent Director No Designated Lead Independent Director