• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
LeadershipThe Modern Board

5 qualities that make a good board chair

By
Lambeth Hochwald
Lambeth Hochwald
Down Arrow Button Icon
By
Lambeth Hochwald
Lambeth Hochwald
Down Arrow Button Icon
September 30, 2022, 2:00 PM ET
Experts in management consulting share the kinds of personality traits one needs to serve in this role.
Experts in management consulting share the kinds of personality traits one needs to serve in this role.Getty Images
Add Fortune on Google for similar content.

If you’ve ever attended a board meeting led by an effective chair, it probably becomes clear quite quickly that this person possesses a unique blend of skills—from diplomacy and intellectual curiosity to an uncanny ability to always keep the big picture in mind.

Right now, this is the exact person you should have leading your board. In fact, having a qualified and effective board chair has become more important than ever as corporate management faces rapid change across a broad range of issues.

“These changes include the ever-present work from home topic, vaccines, sustainability, cybersecurity, workforce behavior, and the speed of digital transformation,” says Jeff Sanders, co–managing partner of the global CEO and board of directors practice at Heidrick & Struggles, a leadership advisory firm based in Chicago.

During this unprecedented time, punctuated by the Great Resignation and an ever-evolving pandemic, it’s critical to have a strong leader in every boardroom.

“There’s so much for board chairs to focus on right now, including how to lead an inclusive workforce and how to balance profit agendas and motives,” Sanders says. “There’s also no playbook or history to help guide a board chair, which makes the job all the more challenging.”

For these reasons alone, an effective board chair must be driven, says Lisa Mann, who leads the consumer practice at Raines, an executive search firm in New York City.

“This person has to be ruthlessly focused on the ambition for the company, creating the best culture for the board, and facilitating processes,” says Mann, former global president at PepsiCo.

And when a company faces market challenges, the board chair needs to be the person who fosters collaboration, adds Coco Brown, CEO and founder of Athena Alliance, where she’s played a pivotal role in educating and training women to successfully apply and fill coveted board positions in companies throughout the Fortune 500.

“If strategies aren’t playing out or stock prices are dropping, for example, the chair needs to focus on getting everyone to work together,” Brown says. “This is the time the board chair needs to help everyone find the best paths forward, to align with the decisions being made, and to behave in ways that best support those who have to run the company on a day-to-day basis, from the CEO down, all the while protecting stakeholder interests, too.”

It’s not surprising, therefore, that a board chair should be well-schooled in conflict resolution.

“When you’re chair of the board, the best way to get results is to make sure you’re enabling and facilitating extraordinary conversations,” Mann says. “You don’t ever want to shy away from the harder conversations that need to be had.”

Here, the five key traits of the most effective board chair:

You ask good questions

It’s hard to lead when you don’t understand the issues facing the team, Sanders notes. “I encourage board chairs to spend time asking questions of the CEO and key leadership,” he says. “This way when you’re leading board discussions you’ll have empathy for what everyone is going through and can help drive board topics accordingly.”

You’re a natural at running meetings

Since it’s inevitable that some board members will consume more time during board meetings than others, the board chair needs to be the voice of reason. “A board chair needs to be really thoughtful and make sure that everyone gets the opportunity to communicate,” Sanders says. “It’s also important to give board members feedback as quickly as possible if they’re contributing too much or too little.”

You constantly think about the skill sets of your board members

Not only does the board chair need to have an extraordinary relationship with the CEO, but the chair must do his or her best to always keep an eye on the makeup of the entire board. “As a board chair you’re not the decider since there’s always a nominating committee, but you should be ruthlessly focused on the culture of the board and who is on it from a capabilities perspective,” Mann says.

You are focused on diversity

Today’s board chairs are looking at their boards from the perspective of diversity in all its forms. “When we talk about board composition we’ve seen that morphing into not just diversity from a race and ethnicity perspective, but diversity in terms of skill sets, experiences, and tenure in the boardroom,” says Carey Oven, national managing partner of Deloitte’s Center for Board Effectiveness in Detroit.

You have to be available

This role—more than any other at a company—is one in which you’re engaged significantly both inside and outside the boardroom, Brown says. “The chair should have a deep relationship with all the board members, the CEO, key management, and stakeholders,” she explains. “It should be a relationship built on trust and understanding. After all, you need to be the person everyone goes to in order to solve issues between board members and the CEO.”

You have to be the person the CEO can call to talk through corporate issues, in particular as each one relates to what should be brought to the board for discussion—and how.

“Ultimately, your job is to work with the CEO to be sure the board isn’t caught off guard,” Brown says. “You want to make sure the board has the tools and learning support it needs to be in tune with the business. That’s critical.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
By Lambeth Hochwald
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Leadership

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple
NewslettersCEO Daily
CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple
By Diane BradyJuly 23, 2026
44 minutes ago
Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for
Big Techphilanthropy
Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 hours ago
Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’
Healthchief executive officer (CEO)
Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’
By Phil WahbaJuly 23, 2026
3 hours ago
Thijn Lamers is Co-Founder and President, Noah.
Commentarystart-ups
Adyen co-founder: Europe does not need more ambition. It needs to stop hiding it
By Thijn LamersJuly 23, 2026
3 hours ago
How GE CEO Larry Culp pulled off the turnaround of the century
MagazineGeneral Electric
How GE CEO Larry Culp pulled off the turnaround of the century
By Shawn TullyJuly 23, 2026
3 hours ago
buffett
SuccessWealth
‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
17 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
17 hours ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
2 days ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.