What makes an effective compensation committee chair?

It takes more than attending a few compensation committee meetings to effectively run the show. Compensation committee chairs assume a critical role in guiding the activities and outputs of the compensation committee, but what does effective leadership look like? In this episode, Jim Wolf, longtime managing partner of Meridian Compensation Partners, offers advice to board committees seeking to improve their performance:

• What is the most important skill set, characteristic, or career experience for a compensation committee chair?
• What are the common mistakes or missteps that compensation committee chairs can avoid?