Principal Duties of the Chairman of the Board
Board Meetings
- Chair all meetings of the Board in a manner which utilizes the time of the Board effectively and which takes full advantage of the expertise and experience that each director has to offer.
- In collaboration with the Chair of the Corporate Governance Committee, establish an agenda for each Board meeting which covers all matters which should come before the Board in the proper exercise of its duties.
Corporate Governance
- Provide input and support to the Chair of the Corporate Governance Committee on:
- Selection of committee chairs and membership on Board committees.
- Establishment of the agendas for the Corporate Governance Committee meetings.
- Compensation philosophy for the Board and candidates for Board membership..
- Be accountable to and provide leadership for all issues of corporate governance which should come to the attention of the Board and the Corporate Governance Committee.
Communication
- Ensure that the Board is provided with full information on the condition of the company, its businesses and the environment in which they operate.
- Facilitate and encourage constructive and useful communication between the management and the Board.
Shareholders' Meetings
- Recommend to the Board for its approval an agenda for each shareholders' meeting which covers all matters which should come before the shareholders.
- Provide leadership to the Board in the establishment of positions which the Board should take on issues to come before the annual meetings of shareholders.
- Preside at shareholders' meetings.
Last updated: 3 Aug 2008