Guides
10 questions the board should ask a CEO
Boards of directors exist to hold CEOs and their leadership teams accountable. They must investigate and scrutinise every area of a company, from strategy to finance to company culture.
One of the chief executive’s key roles is to carry out a company’s strategic plan in the most effective and efficient way possible.
Under the authority of the board, the CEO is also responsible for the general performance of the company, along with the day-to-day running and management of the business.
The board can appoint a chief executive from among its members and delegate to this person the power exercisable by the board.
The board can also name a chief executive who is not a member of the board.
The chief executive is responsible for answering any questions posed by the board.
Top ten questions a board should ask a CEO
David W Duffy in his book “A Practical Guide To Corporate Governance” has outlined ten questions the chief executive is likely to be asked by the board.
