Survey Results: Executive Sessions
 Our board
meets in non-management executive session: (Total
responses: n=80)
(select only one) |
| n=10 (12.50%) |
Before every board meeting |
| n=50 (62.50%) |
After every board meeting |
| n=7 (8.75%) |
Whenever the board decides it needs to |
| n=7 (8.75%) |
Once per quarter |
| n=1 (1.25%) |
Once per year |
| n=5 (6.25%) |
Other |
Our board's
Audit Committee meets in non-management executive session:
(Total responses: n=81)
(select only one) |
| n=56 (69.14%) |
Every committee meeting |
| n=12 (14.81%) |
Whenever the committee decides it needs to |
| n=11 (13.58%) |
Once per quarter |
| n=0 (0.00%) |
Once per year |
| n=2 (2.47%) |
Other |
When our
board's Audit Committee meets in executive session:
(Total responses: n=79)
(select only one) |
| n=68 (86.08%) |
All employees of the company leave the room, including
the corporate secretary |
| n=2 (2.53%) |
Nearly all employees of the company leave the room, as
the corporate secretary (or some other employee) stays to take
minutes |
| n=9 (11.39%) |
Nearly all employees of the company leave the room, as
the corporate secretary (or some other employee) stays to take
minutes for part of the executive session (for example, the
employee stays for internal audit sessions but leaves for
sessions with the outside auditor) |
During the
course of the year, our board's Audit Committee meets at least
once in executive session with each of the following:
(Total responses: n=81)
(select all that apply, may total more than 100%)
|
| n=81 (100.00%) |
Independent auditor |
| n=66 (81.48%) |
Head of internal audit |
| n=32 (39.51%) |
General Counsel |
| n=43 (53.09%) |
CFO |
| n=21 (25.93%) |
CEO |
| n=17 (20.99%) |
Chief Compliance Officer |
| n=10 (12.35%) |
Other |
|
