What Boards Really Want from the CEO

What Boards Really Want from the CEO

From BoardVision by NACD

February 18, 2026 · 23 min · Episode 30

About this episode

The episode explores what boards expect from CEOs beyond financial metrics, emphasizing trust and transparency.

Boards have high expectations for CEOs, but what do directors truly want beyond the numbers and reports? In this episode, Wayne Peacock, vice chair of the Elizabeth Dole Foundation and the former CEO of USAA, and Dona Young, a director on the boards of USAA, NACD, and Spahn & Rose, spoke with NACD director of governance content Mallory Bucher. Peacock and Young are cochairs of the NACD 2025 Blue Ribbon Commission. Together, they unpack what directors expect from CEOs. They also discuss how to establish trust early and maintain it through disagreement and disruption, and why steady leadership and transparency matter most when the stakes are high. Host: Mallory Bucher, director of governance content, NACD Guests: Dona Young, NACD.DC®, director, USAA, NACD, Spahn & Rose; cochair, NACD 2025 Blue Ribbon Commission Wayne Peacock , vice chair, Elizabeth Dole Foundation; former CEO, USAA; cochair, NACD 2025 Blue Ribbon Commission Related NACD Resources: Building a High-Trust Board-CEO Relationship “Making CEO Succession Plans Stick” “A Director’s Responsibility to the CEO” Visit nacdonline.org for further research and information.

People in this episode

Host: Mallory Bucher

Guests: Wayne Peacock, Dona Young

Topics covered

  • CEO expectations
  • board governance
  • trust in leadership
  • transparency
  • leadership during disruption

Keywords

  • CEO
  • board expectations
  • leadership
  • trust
  • transparency
  • governance
  • NACD

Mentioned in this episode

Organizations: Elizabeth Dole Foundation, USAA, NACD, Spahn & Rose, NACD 2025 Blue Ribbon Commission

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