When Things Get Tough, Companies Split Chairman, CEO Roles

When the crisis at Boeing Co. escalated into calls for replacing Chief Executive Dennis Muilenburg, the jet maker’s board did the next closest thing: stripped him of his role as chairman.

When AT&T Inc. reached a cease-fire last week with activist investor Elliott Management Corp., the company disclosed it planned to separate the roles of chairman and CEO when current leader Randall Stephenson retires. Read Full Article - The Wall Street Journal, November 3, 2019