Should CEOs stay on the board after they step down?

Posted by & filed under Control, Decision Making, Ethics & Social Responsibility, Leadership, Management.

Description: Investors applauded when former DuPont CEO Ed Breen abruptly reclaimed the job on Tuesday, with former CEO Marc Doyle dismissed immediately. But in a sense, Breen wasn’t the former CEO at all. He had been CEO of DowDuPont before it was split into three companies, and when DuPont became independent last spring, Breen took the role of the board’s executive chairman.

Source: Fortune.com

Date: Feb 20, 2020

Link: https://fortune.com/2020/02/20/ceos-company-board-members/

Questions for discussion:

  • What are the issues related to this question?
  • What do you think the general answer should be?