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The Committee is responsible for reviewing the Corporation's compensation strategy with a view to aligning compensation with business objectives and performance, and aligning incentives with the interests of shareholders. This includes reviewing and making recommendations on all matters pertaining to bonus plans, salary policy, benefits, stock option and stock purchase plans. It also includes reviewing the written objectives of the Chief Executive Officer and his direct reports, annually assessing the performance of the Chief Executive Officer, and reviewing and assessing a plan for succession.
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