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  "documentTitle": "BlackRock (BLK)",
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      "text": "Glass Lewis believes that the installation of an independent chair is almost always a positive step from a corporate governance perspective and promotes the best interests of shareholders.",
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      "text": "The presence of an independent chair fosters a thoughtful board. Only 10% of incoming CEOs in 2014 were awarded the chair title (vs 48% in 2002). 53% of S&P 500 boards now separate roles (up from 37% in 2009).",
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      "text": "We typically recommend that our clients support separating the roles of Chair and CEO whenever that question is posed in a proxy.",
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      "text": "Glass Lewis believes that separating the roles of CEO (or, more rarely, another executive position) and Chair creates a better governance structure than a combined CEO/Chair position. — Glass Lewis 2024 Benchmark Policy Guidelines",
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