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May 9, 2008

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Governance and Nominating Committee

Independence

The Governance and Nominating Committee is composed entirely of independent directors and meets regularly in executive session without management present.

Purposes and Responsibilities

The principal purposes and responsibilities of the Governance and Nominating Committee (as described in its Charter) are to: establish the criteria for selecting new Directors; identify suitable individuals under those criteria who are qualified to serve as Directors; recommend to the Board of Directors nominees for election as Directors; develop and recommend to the Board of Directors a set of corporate governance principles applicable to the Company; recommend committee structures and functions; recommend qualifications for membership on the committees of the Board of Directors; recommend membership appointments and removals for the committees of the Board of Directors; monitor the operations of the Board of Directors and its committees and make recommendations to improve operations; oversee the annual performance evaluation of the Board of Directors, its committees and management; and conduct an annual performance evaluation of the Committee itself.

Governance and Nominating Committee Governance Documents

 
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