What prioritizes the responsibility of managing relationships with major shareholders?

The responsibility of managing relationships with major shareholders is appropriately prioritized by the Chair of the board. The Chair plays a pivotal role in ensuring effective communication between the board and shareholders, facilitating dialogue to maintain trust and transparency. This individual leads the board and often represents the company during interactions with major shareholders, setting the tone for governance and fostering a culture of open engagement.

Furthermore, the Chair is typically responsible for ensuring that the views of shareholders are understood and considered in board discussions, enhancing stakeholder relations and promoting effective decision-making that aligns with shareholder interests. This position is key in balancing the various perspectives within the company and ensuring accountability to shareholders, which is fundamental for corporate governance.