Richard Baker, one of the youngest chairmen in the FTSE 100 distributed his experiences and the challenges he faced in turn celibate the fortunes of the Boots Group in four years as its CEO.
Today, Chairman of Whitbread, DFS and Virgin Active, he besides chairs the Global Advisory Council of Aimia Group - owners of Nectar Card and is Senior Operating Partner at the clubby equity faithful, Advent International.
In an interview for Cambridge Judge Business School’s website Richard Baker same he does not believe that the roles of chairman and CEO can be cohesive.
it’s in the main
a bad idea for a pigeon hawk executive to grow to be the chairman. I feel
at that place really should be two freestanding jobs simply considering that
in that location
are two one-on-one jobs to be through. When a grave executive becomes a chairman they will not allow points to be changed due to the fact
anything that changes afterwards is by definition is a criticism of what they did previously so it is a good deal improved to got
an absolute chairman and a totally detached Falco columbarius executive. I feel
that’s a fortunate-proved pilot.”
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