Neil England, the non-executive chairman of Silverstone Holdings, has been conducting the talks with Ecclestone.
At the same time, the board should consider installing a non-executive chairman over time.
His plan is to stay on as a "non-executive chairman" when the time is right.
The company named Daniel Feehan, now the presiding director and a board member since 2003, as non-executive chairman.
FORBES: The Shack's Cracks Revealed: Radio Shack Slides As Business Softens And CEO Exits
Ralph Topping has been announced as the new non-executive chairman, replacing Lex Gold, who stepped down on Thursday.
Generali's non-executive chairman, Antoine Bernheim, is a partner at Mediobanca and sits on its board, as does Mr Gutty.
He has been unpopular in Zurich since last year's collapse of the national airline, Swissair, of which he was non-executive chairman.
At Merrill, board member Alberto Cribiore has stepped in as interim non-executive chairman and is leading the search for a new leader.
The company also announced that it has decided to split the CEO and chairman positions, and named Dan Schulman as non-executive chairman.
FORBES: Symantec FY Q3 Edges Ests; Names Schulman Chair; Shrs Up
Richard Stone, a former non-executive chairman of Drambuie who retired from the company last year, is to return in the same role.
Mr Skellett is also the non-executive chairman of infrastructure services company Jarvis.
That is best done when the roles of non-executive chairman and chief executive are separate, so that rebellious directors have a leader.
Graham Taylor was elected non-executive chairman on a temporary basis after Russo stepped down and took on the role permanently in August this year.
Pandit has been named as the non-executive chairman of the proposed new bank and given the right to buy a stake in it as well.
FORBES: Former Citigroup Boss Vikram Pandit To Set Up New Indian Bank
Lord Stevenson was non-executive chairman of HBOS between 2001 and 2009.
The big difference has been the creation of a dual corporate leadership, by a part-time non-executive chairman of the board and a full-time chief executive.
ECONOMIST: America has Sarbanes-Oxley. Britain has Derek Higgs
Lutz Bethge, CEO of luxury brand Montblanc International, will leave the post to serve as non-executive chairman and head of the Supervisory Board of Montblanc.
FORBES: Leadership Changes At Montblanc And Jaeger-LeCoultre
At that time, Mr. Buffett believes it would be prudent to have a member of the Buffett family serve as the non-executive Chairman of the Board.
FORBES: Corporate Governance At Berkshire Hathaway: Maybe It's Not All That
Bernhard, until recently the president of Volkswagen, was offered the job of non-executive chairman at Chrysler but turned it down for personal reasons, the company said.
Sir Anthony O'Reilly, non-executive chairman of Waterford Wedgwood, said the board had "acted tirelessly in its efforts to resolve the company's issues as a going concern".
The company is rejigging its management structure with Alan Wiseman becoming non-executive chairman and brother Robert - currently managing director - stepping up to chief executive.
On June 1, Richard Lapthorne, currently chairman of Cable and Wireless, will be appointed non-executive chairman of the McLaren Group, and a non-executive director of McLaren Automotive.
In an unusual arrangement, Bush became CEO and President of Northrop Grumman while DreamWorks Animation head Lewis W. Coleman assumed the role of non-executive Chairman of the Board.
In Britain, big companies already normally have a non-executive chairman.
We have already learned that his son, Howard, will be taking over as non-executive chairman, but the futures of other potential Buffett heirs like Ajit Jain remain up in the air.
He was chairman and CEO of First Fidelity Bank, president and chief operating officer of Mellon Bank, vice chairman of Chase Manhattan Bank, and non-executive chairman of both The Dime Bank and Riggs National.
Owen, who will be the club's non-executive chairman, said he had not spoken to Blackwell about the manager's future but the presenter did assure fans that the club would not be selling any more players.
Bernhard, until recently the president of Volkswagen (other-otc: VLKAF - news - people ), was offered the job of non-executive chairman at Chrysler but turned it down for personal reasons, the company said.
Ball said the splitting of the chairman and CEO positions is a positive for corporate governance as a non-executive chairman should better represent the long-term interests of shareholders giving management the time to focus on running the company.
Overseas visits: 9-11 September 2008, to Paris to attend the French Coalition Against Malaria Forum in my capacity as voluntary non-executive Chairman of the Malaria Consortium and Chairman of the All-Party Parliamentary Group on Malaria and Neglected Tropical Diseases.
应用推荐