The designated leader responsible for heading the board and leading (chairing) board meetings. In practice, the role is a permanent board function occupied by an individual for the remainder of their tenure on the board. In effect, the chair determines and prioritises board agendas, director assessment, committee roles, recruitment and “retirements”. In Australia, the ASX Corporate Governance Principles recommend the chair be an Independent Director and separate from the CEO role.

Suggest an Edit

If you believe this glossary entry requires an amendment or clarification, please use the form below to submit your suggested edit. Please provide as much detail as possible to help us assess your suggestion.