Committee Charters, Policies and Reports
The Board of Directors has adopted charters and policies for each of its three standing committees, which describe the committee's composition, responsibilities and operations, as well as the resources that are available to the committee to assist it in carrying out its role.
Pursuant to these Charters, the Audit and Finance Committee has adopted a policy on auditor rotation, and the Compensation and Human Development Committee has approved a report on the selection and retention of its consultant on executive compensation. The Board has also adopted a Policy Statement Regarding Director Nominations which outlines the processes whereby director nominees are selected.
COMMITTEE CHARTERS
The Board of Directors has adopted charters and policies for each of its three standing committees, which describe the committee's composition, responsibilities and operations, as well as the resources that are available to the committee to assist it in carrying out its role.
Download PDFs of the charters and policies:
Audit & FinanceCompensation & Human Development
Nominating & Governance
POLICIES AND REPORTS
Pursuant to its charter, the Audit and Finance Committee has adopted the following policy regarding the rotation of outside audit professionals.
Policy Regarding Audit Partner RotationPursuant to its charter, the Compensation and Human Development Committee has sole authority to hire, approve fees and retention terms for, and terminate the services of its consultants. The Compensation and Human Development Committee adopted the following report describing the processes it has used for the selection and retention of its compensation consultant.
Report on Executive Compensation ConsultantThe Policy Statement Regarding Director Nominations was adopted by the Nominating and Governance Committee of the Board of Directors in January 2004. The Policy Statement supplements the Corporation's By-laws, Corporate Governance Policy, and Nominating and Governance Committee charter, and describes the policies and procedures of the Nominating and Governance Committee and Board as they relate to Director nominations.
Policy Statement Regarding Director Nominations