JUST HOW INDEPENDENT ARE THESE 'LEAD DIRECTORS'?

摘要

In February, Kohl's Corp. did something many boards are doing these days: It designated a presiding director to convene meetings of the board's outside members. After a wave of corporate scandals, companies are seeking ways to reassure shareholders. The presiding or lead director, who's supposed to be independent of management and able to ferret out information, is one response.