Table of Contents
Foreword and Introduction .............................................................................................................................1I. Key Corporate Actors.........................................................................................................................5II. The Roles of the Board of Directors and Management ......................................................................7The Board of Directors.......................................................................................................................7The CEO and Management..............................................................................................................10III. How the Board Performs Its Oversight Function..............................................................................13Board Composition ..........................................................................................................................13Board Leadership.............................................................................................................................15Board Organization..........................................................................................................................16Audit Committee..............................................................................................................................17Corporate Governance Committee...................................................................................................20Compensation Committee................................................................................................................23Board Operations.............................................................................................................................24Senior Management Development and Succession..........................................................................28Board and Committee Evaluation.....................................................................................................28IV. Relationships with Shareholders and Other Constituencies..............................................................30Shareholders and Investors..............................................................................................................30Employees .......................................................................................................................................31Communities
.................................................................................................................................32
Government.....................................................................................................................................32