How to Get Rid of a Chairman of the Board

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A public company has a board of directors that acts in the interest of the stockholders of the company. The board of directors makes decisions about capital raising and fund distributions such as dividends. Most large-scale strategic decisions of the company must also be ratified by the board of directors before being implemented. The chairman of the board of directors governs the board meetings and is the primary contact to the chief executive officer. While getting rid of the chairman may be difficult, it can be accomplished with the support of other board members.

  • Wait for the director's term to expire. When the term is up, instruct the nominating committee to not nominate the chairman again. This can take more than a year to accomplish, though.

  • Have each member of the board to fill out evaluations about each member. Doing so will provide you with information about those members that are not happy with the chairman's work.

  • Conduct an independent third-party evaluation. Sometimes board members may not be honest unless there's an independent third-party conducting the questionnaire.

  • Use the questionnaire to find additional support for getting rid of the chairman. Review the company bylaws for forcing resignation. You may need to use the information obtained from the evaluations as supporting evidence.

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