BUSINESS WITH INTEGRITY

We believe that nothing is more important than a company’s reputation for integrity and serving as a responsible fiduciary for its shareholders. We are committed to managing the company for the benefit of our shareholders and are focused on maintaining good corporate governance.

Our Commitment Business Ethics Board Committees Governance Documents

OUR COMMITMENT 

The practices that illustrate our commitment include, but are not limited to:

  • Our Board of Directors is currently comprised of eleven Directors, ten of whom are independent, non-employee Directors.
  • Our Board of Directors is elected on an annual basis with a majority vote standard
  • Four of our eleven Board members are female, while 55% represent gender and ethnically diverse populations
  • Our Directors conduct annual self-evaluations and participate in orientation and continuing education programs
  • Our Board adopted Corporate Governance Guidelines that among other things sets forth considerations for directors and nominees. Annually the Nominating / Corporate Governance Committee reviews each candidate’s  (i) business and professional background, including any changes, (ii) contributions to the Board, (iii) skill sets and expertise, (iv) understanding of applicable laws and regulations and other elements thought to be relevant to the success of the Company, (v) time constraints including other board service and leadership positions, (vi) tenure with the Board, and (vii) diversity of background. All members of the Board are currently in compliance with the Company’s outside directorship policy within the Corporate Governance Guidelines.
  • An Enterprise Risk Management evaluation is conducted annually to identify and assess company risk, including climate-related risks
  • Our Board is briefed on ESG performance and plays an active role in assessing risks and identifying opportunities for building a more resilient portfolio
  • Our Board’s Compensation and Talent Committee works with independent consultants to conduct annual compensation reviews for our key executives. Each executive’s compensation plan is primarily based on reaching specific performance metrics that are tied to the success of the company. We annually submit “say-on-pay” advisory votes for shareholder consideration and vote. This committee is comprised of four independent Directors
  • Our Board’s Nominating and Corporate Governance Committee is responsible for the effective composition and operation of our Board, including structure, membership, and refreshment. This committee is comprised of four independent Directors who play an active role in managing corporate governance and reputational risk for the company
  • Our Board’s Audit Committee oversees the integrity of our financial statements and compliance with legal and regulatory requirements. This committee selects and oversees our independent registered public accounting firm. It is comprised of three independent Directors, two of which qualify as financial experts