The Committee’s mandate, amongst others, is to review and make recommendations to the Board of Directors (the “Board”) with respect to the annual compensation for the President and Chief Executive Officer. The Committee reviews and makes recommendations to the Board with respect to the annual compensation of members of senior management, taking into account the recommendations of the President and Chief Executive Officer and the Chief Operating Officer, all in accordance with the compensation policy. The Committee reviews annually and as required, the salary structure as well as the global compensation including salaries and compensation incentive plans and, if appropriate, makes recommendations to the Board. It assesses the performance of the Chief Executive Officer and members of senior management and submits its recommendations to the Board, if necessary. The Committee reviews practices put in place by the Corporation relating to recruitment, training, development and succession of senior management and submits its recommendations to the Board on the appointment of the Chief Executive Officer and other senior executives. It reviews and makes recommendations to the Board on the granting and terms and conditions of exercise of stock options to those persons eligible in accordance with the Corporation’s Stock Option Plan. In addition, it recommends the appropriate type of compensation for the Directors.
Members of the Committee:
David McAusland (Chair)
Charter of the Human Resources Committee (pdf)