When Things Get Tough, Companies Split Chairman, CEO Roles

When the crisis at Boeing Co. escalated into calls for replacing CEO 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 media and phone giant disclosed it planned to separate the roles of chairman and CEO when current leader Randall Stephenson retires.

Diversification of risk ... probably a good idea

WSJ, that is an interesting trend in Organizational Behavior. In the course work I took Power was centralized during tough times and de-centralized during good times. The course also said the best most efficient form of an organization is a benevolent Dictator.

A few years later, or makes a big mistake.

Whyever were the two combined in the first place?

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