Sentences with phrase «potential lead independent director»
The Corporate Governance Committee is also responsible for developing and recommending to the Board of Directors corporate governance policies and procedures applicable to the Company, identifying and recommending to the Board of Directors potential director candidates for nomination, and identifying and recommending to the Board of Directors» independent directors potential lead independent director candidates.
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Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.