The role of the board, chairman and non-executive directors – the UK Corporate Governance Code. This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on corporate governance . The UK Corporate Governance Code sets out its own view of the role ... Company law and corporate governance.
https://www.out-law.com/page-8215
An executive chairman is full time office holder who typically leads the board and also takes a hands-on role in the company's day-to-day management. Because of the dual role, some say there is a significant agency cost to having someone be the head of both the board of directors and executive officers.
http://www.answers.com/Q/What_is_difference_between_executive_chairman_and_non-executive_chairman
A recent court decision describes the legal differences between an executive director and a non-executive director. The essential characteristic of an executive director is his or her discharge, usually as an employee, of executive functions in the management and administration of the company. Non-executive directors are usually independent of corporate management.
http://www.companydirectors.com.au/director-resource-centre/publications/the-boardroom-report/back-volumes/volume-12-2014/volume-12-issue-14/the-differences-between-executive-and-non-executive-directors
A recent court decision describes the legal differences between an executive director and a non-executive director. As summarised by Guerdon Associates, key points made by Justice Dixon in the Supreme Court of Victoria in the recent decision of Jaques v AIG Australia Ltd [2014] VSC 269 (13 June 2014), include:
http://www.companydirectors.com.au/director-resource-centre/publications/the-boardroom-report/back-volumes/volume-12-2014/volume-12-issue-14/the-differences-between-executive-and-non-executive-directors
An imbalance of the checks and balances of corporate governance is thus created. A non executive chairman is a part time office holder who sits on and chairs the main board of a company, and also usually provides support and advice to a chief executive officer.
http://www.answers.com/Q/What_is_difference_between_executive_chairman_and_non-executive_chairman
Non-Executive Director. What is a 'Non-Executive Director'. A non-executive director is a member of a company's board of directors who is not part of the executive team. A non-executive director typically does not engage in the day-to-day management of the organization, but is involved in policy making and planning exercises.
http://www.investopedia.com/terms/n/non-executive-director.asp
To expand on other answers. A “recommended” Or “best practice” system is non-exec chairman plus CEO. One runs the company, the other runs the board, and the two work as a team. The Chair will often coasch the CEO, which is best done when they do not overlap. An ececutive chairman does both roles:chair & CEO. That is not ideal.
https://www.quora.com/What-is-the-difference-between-executive-and-non-executive-chairman
Board leadership, Boards of Directors, Director compensation, Equity-based compensation, Incentives, Non-executive chairman, Public firms, Shareholder value, Stock options, Surveys, Tech companies. More from: Eric Graves, Eric Winikoff, Thomas Kohn, FW Cook. Eric Graves and Thomas Kohn are consultants at FW Cook.
https://corpgov.law.harvard.edu/tag/non-executive-chairman/
According to the institute of Directors, Non-executive directors are expected to focus on board matters and not stray into ‘executive direction,’ thus providing an independent view of the company that is removed from day-to-day running.
https://en.wikipedia.org/wiki/Non-executive_director
Non-executive director. A non-executive director (abbreviated to non-exec, NED or NXD) or external director is a member of the board of directors of a company or organisation who does not form part of the executive management team.
https://en.wikipedia.org/wiki/Non-executive_director
what is non-executive chairman
A non executive chairman is a part time office holder who sits on and chairs the main board of a company, and also usually provides support and advice to a chief executive officer.