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GIS » Topics » The Boards Role in Risk Management

This excerpt taken from the GIS DEF 14A filed Aug 10, 2009.
The Board’s Role in Risk Management
 
Risk is an integral part of board and committee deliberations throughout the year. The audit committee and the board annually review an assessment of the primary operational and regulatory risks facing the company, their relative magnitude and management’s plan for mitigating these risks. In addition, the board discusses risks related to the company’s business strategy at the annual strategic planning meeting every October and at other meetings as appropriate.


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