It´s about time that we realized that titles are supposed to mean something and should not be just medals that executives can wear to impress.
The Chairman has a clear set of obligations and responsabilities, as does the Chief Executive Officer, and these are not the same.
Onésimo Alvarez-Moro
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The board of Hewlett-Packard has behaved pretty eccentrically of late, but its decision last week to make Mark Hurd chairman of its board of directors as well as chief executive takes the biscuit.
Hello? If any company has proof that chairing a board is an important job in itself and not merely a nice additional title for a chief executive, it is HP. In January, Mr Hurd will inherit the job of trying to broker stability within the boardroom from Patricia Dunn, who bungled its inquiry into board leaks. He will have to combine that with overseeing HP's strategy and operations.
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