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What is a non-executive chairman?

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As we reported earlier, the rumor mill (and sources) has it that Tom Horton will assume the role of non-executive chairman of American Airlines after a merger with US Airways.

Okay, the situation is cloudy. No decision is final until it’s final. Tom may wind up as executive chairman when the dust settles. He may be gone entirely. As one person reiterated, the situation is rife with fluidity.

In any case, the reports caused someone here at the Dallas Morning News to raise the question: … [visit site to read more]


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