Strengthening Board Independence: The Rise of the Lead Independent Director

As companies face mounting board independence requirements, the Lead Independent Director (LID) role emerges as a powerful solution to ensure robust oversight and accountability. This article delves into the significance of the LID and its role, exploring how this key position not only addresses governance challenges but also enhances transparency in decision-making and strengthens investor confidence in the board.

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Author: Thomas von Oehsen (Director, Corporate Governance Solutions)

Contact: corporategovernance@spglobal.com

S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.