Governance
Corporate governance
Altus Group is committed to maintaining high standards of governance and ethics throughout our Company. We believe strong stewardship and good governance are essential to operating our business effectively and are important to our shareholders, employees and other stakeholders.
Elected annually by shareholders, our Board of Directors oversees the management of our business with a view to maximize shareholder value. Our corporate governance policies, procedures and practices are designed to ensure that our Board can fulfill its statutory mandate to supervise the management of our business and affairs in accordance with the highest standards of ethical conduct and in the best interests of all of our stakeholders.
We strive to put governance practices in place that not only represent compliance with regulatory requirements, but exceed them. We are committed to effective and sound practices in corporate governance and regularly assess opportunities for improvement.
Some of our governance highlights include:
- We were early adopters of a Board Diversity Policy and today three of our 10 directors are women (representing almost 30% of our total members).
- We believe that we have shareholder-friendly executive compensation plans that align performance with compensation, and align the objectives of our executives with the long-term interests of the company and its shareholders, while ensuring that we remain competitive in the market, and continue to attract, retain and motivate top talent.
The composition of our Board has evolved to better suit our strategic direction, providing the ideal mix of industry knowledge, diversity, international experience and financial expertise, as well as a range of director age and tenure that provides the Board with a diversity of opinion and experience.
Board of directors
Raymond MikulichMikulich
ChairmanRobert CourteauCourteau
Chief Executive OfficerCarl FarrellFarrell
PresidentEric SlavensSlavens
Board MemberDiane MacDiarmidMacDiarmid
Board MemberAnthony GaffneyGaffney
Board MemberJanet WoodruffWoodruff
Board MemberAngela BrownBrown
Board MemberColin DyerDyer
Board MemberAnthony LongLong
Board MemberCommittees of the board of directors
Corporate governance and nominating committee
Angela Brown, Chair
Raymond Mikulich
Eric W. Slavens
Diane MacDiarmid
Human resource and compensation committee
Tony Gaffney, Chair
Raymond Mikulich
Diane MacDiarmid
Janet Woodruff
Anthony Long
Audit committee
Janet Woodruff, Chair
Eric W. Slavens
Angela Brown
Colin Dyer
Position descriptions
Chairman of the Board
Chair of the Audit Committee
Chair of the Corporate Governance and Nominating Committee
Chair of the Human Resources and Compensation Committee
Chief Executive Officer
Articles, by-laws and policies
Articles of Arrangement – January 1, 2011
Articles of Amendment – May 27, 2013
By-Law No. 1
By-Law No. 2 – Advance Notice
Board Diversity Policy
Board Mandate
Code of Business Conduct and Ethics
Corporate Governance Guidelines
Timely Disclosure and Confidentiality Policy
Whistleblower Policy