The Board is elected by the shareholders to oversee their interest in the overall success of the Company’s business and financial strength. The Board serves as the Company’s ultimate decision-making body to the extent set forth in our Certificate of Incorporation and Bylaws. It also selects and oversees our senior executives, who, in turn, oversee our day-to-day business and affairs.
Our Nominees for the Board of Directors
Eight directors are to be elected at the Annual Meeting to hold office until our next annual meeting or until their successors are duly elected and qualified, or until the director resigns, is removed or becomes disqualified. The proxy will be voted in accordance with the directions stated on the card, or, if no directions are stated, for election of each of the eight nominees listed below. Upon the recommendation of the Corporate Governance Committee, the members of the Board have nominated for election our eight current directors. The director nominees for election named below are willing to be duly elected and to serve. If any such nominee is not a candidate for election at the Annual Meeting, an event that the Board does not anticipate, the proxies will be voted for a substitute nominee(s).
The business experience, board service, qualifications and affiliations of our director nominees are set forth below.
|Our Director Election Process||WE HAVE AN INDEPENDENT BOARD OF DIRECTORS||Meet our Audit Committee|
|✔ Annual Director Elections||YES!||✔ Separate Chair & CEO||✔ Financial Experts → 2|
|✔ Majority Voting in Uncontested Elections||88%||✔ Board of Directors||✔ Financially Literate → 1|
|✔ No Staggered Board||100%||✔ Compensation Committee||✔ Risk Management → 1|
|✔ Proxy Access||100%||✔ Audit Committee|
|100%||✔ Corporate Governance Committee|