Finance Committee

Overview

The principal functions of the Finance Committee are to review and make recommendations to the Board concerning:
  • management’s financial and tax policies and standards;
  • our financing requirements, including the evaluation of management’s proposals concerning funding to meet such requirements;
  • dividends;
  • our capital expenditure budget; and
  • adequacy of insurance coverage.

The Committee also evaluates specific acquisition, divestiture and capital expenditure projects from a financial standpoint.

The Committee monitors our investor relations program and oversees a management committee which is charged with monitoring the performance of trust assets held in our benefit plans.