DRAX » Topics » Key Responsibilities:

This excerpt taken from the DRAX 20-F filed Mar 31, 2008.

Key Responsibilities:

 

1.                                       Provides leadership to the Board of Directors with respect to its functions as described in the Board’s written mandate and as otherwise may be appropriate, including overseeing the logistics of the operations of the Board.

 

2.                                       Chairs meetings of the Corporation’s Board and meetings of Shareholders.

 

3.                                       Ensures that the Board meets on a regular basis and at least quarterly and that the Board meets at every regularly scheduled Board meeting without management present.

 

4.                                       In consultation with the Chief Executive Officer, establishes a calendar for holding meetings of, and sets the agendas for the meetings of, the Board and the Shareholders.

 

5.                                       In collaboration with the Chief Executive Officer and the Secretary, ensures that agenda items for all Board, Board Committee, and Shareholder meetings are ready for presentation and that adequate information is distributed to Directors in advance of such meetings in order that Directors may properly inform themselves on matters to be acted upon and ensures that there will be timely distribution of minutes that are to be distributed to all Board members.

 

6.                                       Acts as liaison and maintains communication with all Directors and Board Committee Chairs to optimize and co-ordinate input from Directors, and optimizes effectiveness of the Board and Board Committees.

 

7.                                       Ensures that the Board receives adequate and regular updates from the Chief Executive Officer on all issues important to the business and affairs of the Corporation.

 

 



8.                                       Meets periodically with the Chief Executive Officer and the Secretary to optimize the liaison function and ensure efficient communication between management and the Board.

 

9.                                       At the request of the President and Chief Executive Officer, provides assistance on major policy issues such as acquisitions, divestitures, and new strategic initiatives and when requested by the President and Chief Executive Officer, represent the Board and/or the Company in conducting such initiatives with a third party.

 

 

 

2


These excerpts taken from the DRAX 20-F filed Mar 30, 2007.

Key Responsibilities:

1.             Provides leadership to the Board of Directors with respect to its functions as described in the Board’s written mandate and as otherwise may be appropriate, including overseeing the logistics of the operations of the Board.

2.             Chairs meetings of the Corporation’s Board and meetings of Shareholders.

3.             Ensures that the Board meets on a regular basis and at least quarterly and that the Board meets at every regularly scheduled Board meeting without management present.

4.             In consultation with the Chief Executive Officer, establishes a calendar for holding meetings of, and sets the agendas for the meetings of, the Board and the Shareholders.

5.             In collaboration with the Chief Executive Officer and the Secretary, ensures that agenda items for all Board, Board Committee, and Shareholder meetings are ready for presentation and that adequate information is distributed to Directors in advance of such meetings in order that Directors may properly inform themselves on matters to be acted upon and ensures that there will be timely distribution of minutes that are to be distributed to all Board members.

6.             Acts as liaison and maintains communication with all Directors and Board Committee Chairs to optimize and co-ordinate input from Directors, and optimizes effectiveness of the Board and Board Committees.

7.             Ensures that the Board receives adequate and regular updates from the Chief Executive Officer on all issues important to the business and affairs of the Corporation.




8.             Meets periodically with the Chief Executive Officer and the Secretary to optimize the liaison function and ensure efficient communication between management and the Board.

9.             At the request of the President and Chief Executive Officer, provides assistance on major policy issues such as acquisitions, divestitures, and new strategic initiatives.

2



Key Responsibilities:

1.             Provides leadership to the Committee with respect to its functions as described in the Committee’s written mandate and as otherwise may be appropriate, including overseeing the logistics of the operations of the Committee.

2.             Calls and chairs meetings of the Committee.

3.             In consultation with the Committee members, establishes a calendar for holding meetings of and sets the agendas for the meetings of the Committee.

4.             In collaboration with the Chief Executive Officer, the appropriate senior officers and the Secretary, ensures that agenda items for all Committee meetings are ready for presentation and that adequate information is distributed to Committee members in advance of such meetings in order that Committee members may properly inform themselves on matters to be acted upon and ensures that there will be timely distribution of minutes that are to be distributed to all Board members.

5.             Acts as liaison and maintains communication with the Chair of the Board and the Board to optimize and co-ordinate input from Directors, and to optimize effectiveness of the Committee.  This includes reporting regularly to the full Board on all proceedings and deliberations of the Committee.




6.             Ensures that the Committee receives adequate and regular updates from the management on all issues relevant to matters within the scope of the mandate of the Committee.

7.             Reports annually to the Board on the role of the Committee and the effectiveness of the Committee role in contributing to the objectives and responsibilities of the Board as a whole.

2



Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki