Sentences with phrase «of board responsibilities»
This raises the question of the scope of board responsibilities.
http://www.canadianlawyermag.com/ Not exact matches
Remember — it is your responsibility to stop investors who want to get into the weeds and it's important for the good of all board members.
Contrast XL's board situation with the other major beef processor in Canada, Cargill Ltd., and its commitment to food safety, its «ethics open line,» and their responsibilities in the area of supply chain and risk management.
Then we submitted the leaders of those companies to our distinguished advisory board of business experts, the members of which gave each CEO a score out of five on four key criteria: vision, innovation, strategic thinking and social responsibility.
«Because Mylan's Board has determined that risk oversight is the responsibility of the full board, all incumbent directors should be considered accountable for material failures of risk oversight over a number of years, when warning signs were available to the company but no actions appear to have been taken to mitigate or head off the significant potential risks that have since materialBoard has determined that risk oversight is the responsibility of the full board, all incumbent directors should be considered accountable for material failures of risk oversight over a number of years, when warning signs were available to the company but no actions appear to have been taken to mitigate or head off the significant potential risks that have since materialboard, all incumbent directors should be considered accountable for material failures of risk oversight over a number of years, when warning signs were available to the company but no actions appear to have been taken to mitigate or head off the significant potential risks that have since materialized.
According to their latest proxies, the boards of Citi and Morgan Stanley have assigned oversight responsibility for the plans to their boards» risk committees, and the board of Wells Fargo has given the chore to its audit committee.
«The Board should evaluate the extent to which some of the responsibilities that Mr. Kalanick has historically possessed should be shared or given outright to other members of senior management,» the report said.
More important, NMI reports a continued «greening» of consumers across the board: The segment of consumers who call themselves «conventional» or «unconcerned» about social responsibility continues to decline.
The friends, investors and members of the WhistlePig board of managers delivered notice to Bhakta on April 28 that Bhakta had breached his responsibility as the operating manager.
In addition, Mr. Tansky will be provided with office space and appropriate staff assistance at Bergdorf Goodman in New York and reimbursement for travel and other expenses incurred in the fulfillment of his responsibilities as non-executive Chairman of the Board of Directors.
«Some can be good starter pets for children, without requiring a lot of responsibility,» said Hess, who is board - certified in Avian medicine.
Part of the responsibility for keeping Magna out of debt lies with a new board of directors, he told the meeting at a suburban Toronto hotel, telling them to resist shareholder demands to increase debt.
In accordance with SEC rules, we have set forth below a shareholder proposal, along with the supporting statement of the shareholder proponent, for which we and our Board accept no responsibility.
Bain bears no responsibility for any action or policies of any third parties who collect any information users may disclose on the message boards, chat areas or other user forums, if any, on the Site.
However, Mago formally gave up directorial responsibilities on the board of Capital Float only in December last year.
See this month's ESOP Report to read about a new pro-ESOP bill, learn how to educate employees on the rights and responsibilities of being an owner, understand the issues when minors are named beneficiaries, see the list of nominees to the Board of Governors, and more.
Susan currently serves on the board of Thirty Percent Coalition and recently served on the boards of The Interfaith Center on Corporate Responsibility and Pesticide Action Network, North America.
According to an 11/3/08 press release, Wells Fargo will recombine the Chairman and CEO roles upon completion of the Wachovia merger: «After Kovacevich retires, the Board intends that Stumpf would be given added responsibility as chairman.»
Over a 31 - year sustainable investment career, he has also served in leadership or founding roles with many organizations, including: the Interfaith Center on Corporate Responsibility (ICCR), the Northwest Coalition for Responsible Investment, the Network for Business Innovation and Sustainability, Sustainable Seattle, and the NW Board of US SIF.
The Board has delegated certain of its responsibilities to two committees, each of which has specific roles and responsibilities as defined by the Board.
Audit Committee The Audit Committee assists the Board of Directors in fulfilling its oversight responsibilities by monitoring the Company's financial reporting practices and financial disclosure.
Our Corporate Governance Guidelines provide that each year a majority of the independent directors will appoint the Lead Director, and in early 2010, the independent directors appointed Philip J. Quigley to continue to serve as the Board's Lead Director and expanded the duties and responsibilities of the Lead Director.
Mary Jane serves on the Board of Directors for the Investor Responsibility Research Center Institute and the Sustainable Investments Institute.
In 2008 the Board enhanced our corporate governance practices by creating the new position of Lead Director and amending our Corporate Governance Guidelines to identify the responsibilities of the Lead Director.
A widespread belief holds that «maximizing shareholder value» is the number one responsibility of boards and managers.
However, the primary responsibility of a board member is the fiduciary duty to the company.
The Board also benefits from Mr. Dean's substantial finance, systems operations, service quality, and community affairs expertise, which he gained as a result of his responsibilities with Dignity Health, and from his extensive banking and related financial management expertise acquired as a former member of the Company's Audit and Examination Committee and as a current member of the Credit Committee.
Weeks later, Benchmark sued Kalanick for fraud, breach of contract, and breach of fiduciary responsibility; the complaint focuses on Kalanick's control over Uber's board makeup.
Additional information regarding the members of the Audit Committee and the Audit Committee's roles and responsibilities is set forth under «Proposal No. 1 — Election of Directors» and «Board Committees» on pages 12 - 22 and 30 - 31 of this proxy statement.
We request information that is relevant to skills, expertise, interests, and experience appropriate for our Board of Directors and its responsibility for our Purpose, Vision and Mission.
Directors must value the performance of the Board as a whole over individual performance and should demonstrate respect for others in executing their responsibilities to the Greater Vancouver Board of Trade.
Boards of directors are responsible for the governance of their companies... The responsibilities of the board include setting the company's strategic aims, providing the leadership to put them into effect, supervising the management of the business and reporting to shareholders on their stewardship...»
I certainly favor significantly increasing the ownership threshold, but I also believe that the rule needs substantive changes to prevent activists from meddling in matters that are appropriately the responsibility of the board and management rather than shareholders.
The roles and responsibilities of the advisory board members are, in part, as follows:
In addition to her corporate responsibilities, Homeyer currently serves as Treasurer and Board Member of WBENC and Women's Business Council Southwest (WBCS).
The Board shall have an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee, which shall have the responsibilities described in their respective charters and shall each consist entirely of independent directors.
In addition to its responsibility for accounting standards, the Commission is responsible for the approval or disapproval of auditing rules put forward by the Public Company Accounting Oversight Board, a private - sector regulator established by the Sarbanes - Oxley Act to oversee the auditing profession.
For most corporations, the basic governance structure is this: shareholders vote for, and hence empower, a board of directors, who then have a fiduciary responsibility to look out for shareholders» interests.
For a director to be deemed «independent» within the meaning of the Nasdaq rules, the Board must affirmatively determine, based upon information provided by the director or otherwise known to the Board, that the director has no relationship with the Company that would interfere with the exercise of independent judgment in carrying out the responsibilities of a director.
The Board believes that it is the responsibility of any person putting a proposal forward for shareholders to approve — regardless of whether the Company or a shareholder proponent — to persuade shareholders owning a majority of the shares that vote to support the proposal.
We believe this structure of a separate Executive Chairman of our board of directors and Chief Executive Officer, combined with a Lead Independent Director, reinforces the independence of our board of directors as a whole and results in an effective balancing of responsibilities, experience and independent perspective that meets the current corporate governance needs and oversight responsibilities of our board of directors.
The Audit Committee represents and assists the Board in fulfilling its oversight responsibility relating to our financial statements and financial reporting process, the qualifications, independence, and performance of our independent auditors, the performance of our internal audit function, legal and regulatory matters, and our compliance policies and procedures.
The Audit Committee represents and assists our board of directors in fulfilling its responsibilities for overseeing our financial reporting processes and the audit of our financial statements, including the integrity of our financial statements, our compliance with legal and regulatory requirements, the qualifications, independence and performance of our independent registered public
The purpose of the Board's Compensation Committee, which is composed solely of independent directors, is to help discharge this responsibility by, among other things:
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 Director.
Our board of directors has undertaken a review of the independence of each director and considered whether any director has a material relationship with us that could compromise his or her ability to exercise independent judgment in carrying out his or her responsibilities.
Under these rules, a company of which more than 50 % of the voting power is held by an individual, a group or another company is a «controlled company» and may elect not to comply with certain corporate governance requirements of the, including (1) the requirement that a majority of the board of directors consist of independent directors, (2) the requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities and (3) the requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities.
Given that the Board of Directors, now headed by chair Michael Ferro, too, shares responsibility for financial accuracy, it, too, has set out new work.
One of the tricks that large LBO firms use is to purchase at just enough of a «premium» to essentially force a sale as the company board has to satisfy their fiduciary responsibility to shareholders....
Mylan NV Executive Chairman Robert Coury was named chairman of the generic drugmaker's board in a move that reduces his role in management of the company and could give Heather Bresch greater responsibilities as chief executive.