CEO&Chairman

Question: What is the performance of firms whose CEO&Chairman of the board are the same.
Compare/contrast with the firms that have splitted two roles.

Chair is a term frequently used for the highest office in an assembly such as a committee, commission, or board. The term is also applied to the holder of the office. http://en.wikipedia.org/wiki/Chairman
A chief executive officer (CEO) is the highest-ranking corporate officer or administrator in charge of total management of a corporation, company, organization, or agency, reporting to the board of directors.
http://en.wikipedia.org/wiki/Ceo

Combining the roles:
-Give the CEO multiple perspectives on the company as a result of their multiple roles, and empowering them to act with determination
-able to withstand pressure better
-little transparency into the CEO’s acts and their actions can go unmonitored that paves the way for scandal and corruption
Separating the roles:
-chair can check up on the CEO
-They focus on different, equally vital aspects of the company’s performance
-able to govern the board in a more impartial manner, meaning that investor returns could potentially be higher
(from an article, source: www.articleset.com)

Clothing companies that have same CEO&Chairman
-Abercrombie&Fitch->Michael S.Jeffries
-Guess->Maurice Marciano
- American Eagle Outfitters->Jay Schottenstein
-Gap Inc.->Glenn Murphy
-Giorgio Armani->Giorgio Armani
-Forever21->Jerry Szczepanski
-American Apparel->Dov Charney
-Ralph Lauren->Ralph Lauren
-Quicksilver->Robert B.Mcknight
(I could not find firms that have different CEO&Chairman in the clothing industry)

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