Committee work
The committees hold their meetings prior to certain Board meetings in order to prepare matters for the Board’s decision making. In the Board meeting following the committee meetings, the Committee Chairs report to the Board on matters discussed and actions taken by the committees. Furthermore, minutes of committee meetings are kept and submitted to the Board members for their information. Committee meeting materials are available to all Board members before and after the meetings.
The committees review and reassess the adequacy of their charters periodically and propose any changes they consider necessary to the Board for approval.
Each year, the committees conduct self-evaluation and evaluate the performance of their duties and responsibilities, working methods, committee composition and the effectiveness of committee meetings. The Committee Chairs report on the results of these evaluations to the Chair of the Nomination and Governance Committee.
In addition to these duties and working methods common to all committees, each committee is responsible for carrying out the duties assigned to it in its charter. Please find more information on the committee duties and responsibilities under the respective committee below.