Sentences with phrase «lead independent director who»

However, if circumstances change in the future, our Board of Directors may revert to a structure that relies on a lead independent director who works with our Chief Executive Officer who is also Chairman of the Board.

Pursuant to the company's Corporate Governance Guidelines, the Independent Directors, upon recommendation of the CNGC, annually appoint a Lead Independent Director who presides over executive sessions of the Outside Directors and Independent Directors.

Not exact matches

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What are the chances that HP will have an effective process to choose who the lead independent director will be — and kind of power will the lead independent director really have?

Perhaps HP needs a board member who was not elected last year at Lane's behest to act as the new lead independent director.

Each automatic triennial stock option grant and each stock option grant for service as lead independent director, member of a Board committee or chair of a Board committee, in each case as described above, will vest 1/36 per month for three years starting on the one month anniversary of the vesting commencement date, subject to continued service in the capacity for which such grant was made (except that if a director who was granted such an option ceases to be a director on the day before an annual meeting that is held earlier than the anniversary date of the vesting commencement date for that calendar year, vesting will accelerate with respect to the shares that would have vested if such director continued service through such anniversary date).

In addition, the director who served as lead independent director during fiscal 2010 received an additional retainer of $ 75,000 per year.

The Board is currently led by a non-executive Chairman, Raymond J. Lane, who is an independent director.

One alternative to having an independent chair is to appoint a lead director who can serve many of an independent chair's functions.

Our Corporate Governance Guidelines provide that each year a majority of the independent directors will appoint a Lead Director, and effective January 1, 2012, the independent directors appointed Stephen W. Sanger as Lead Director, succeeding Philip J. Quigley who served as the Board's Lead Director since 2009.

Of the Board's 15 nominees, 14 directors, or 93 %, are independent directors, and the Board has an actively involved and independent Lead Director who works closely with the Chairman and CEO and, among other things, approves Board meeting agendas and schedules.

The Company has a Lead Director, appointed by the Company's other independent directors, who provides independent Board leadership.

The leadership structure of our Board of Directors includes (i) a combined Chairman of the Board and Chief Executive Officer, (ii) independent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead Independent Directors includes (i) a combined Chairman of the Board and Chief Executive Officer, (ii) independent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead Independenindependent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead Independent directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead IndependentIndependent Director.

Stockholders and other interested parties who wish to communicate with the Board, including the Lead Director or the non-management or independent directors as a group, may send either (i) an email to [email protected] or (ii) a letter to Wells Fargo & Company, P.O. Box 63750, San Francisco, CA 94163.

Stephen Sanger, who had been the lead director on Wells» board since 2012, became the company's independent chairman.

The Board annually appoints a Lead Independent Director, who will assume the responsibilities set forth in the Company's Position Description for the Lead Independent Director, which is posted on the Company's website.

Those principles have never wavered and have always been to build a movie studio led by a board of directors made up of a majority of independent women, save about 150 jobs, protect the small businesses who are owed money and create a victims» compensation fund that would supplement existing insurance coverage for those who have been harmed.

Young is a former director of NASA's Goddard Space Flight Center and President of Martin Marietta who is often called upon to lead failure review boards and independent reviews of troubled programs.

The IFA is a new independent body led by employers that aims to ensure the quality of apprenticeships in England and Lauener will supported by Michael Keoghan, currently director of further education at the DfE, who is being appointed as the deputy CEO.

Akerson hand - picked Barra to replace him as CEO, but GM's chairman from January 2014 to now has been retired Cummins CEO and Chairman Theodore Solso, who remains with the company as Lead Independent Director of the board.

The development team includes studio head Tom Flanagan, a retired Army Special Operations veteran with several years of direct action combat; Art Director Russell Phillips, who formerly shaped the look of SOCOM: US Navy SEALs for Zipper Interactive; Creative Direction support by David Sears, former Creative Director for SOCOM: US Navy SEALs; Lead Audio Designer Nathan Brenholdt, whose previous work appeared in SOCOM: US Navy SEALs, God of War, Twisted Metal, Uncharted, and more; and Game Designer Kevin De Respino, formerly of his own independent studio, Look At It Games.

The exhibitions program are part of a strategic initiative introduced by the new director of the Glass House, Henry Urbach, who is leading efforts to rededicate the site as a lively, creative cultural center consistent with the spirit and values of its former occupants, renowned architect Philip Johnson and independent curator David Whitney.