Preparation, active involvement, and regular attendance at Board, committee, strategic planning events, and other special meetings are a requirement for board members. In addition, meeting preparation between 5 and 10 hours per month (during months that meetings occur) is expected. In-person meetings are usually desired; however, the meeting mode is determined prior to each subsequent meeting.
Notification of meetings, agenda, and materials are provided at least 5 days prior to each meeting. Directors are expected to prepare in advance in order to be well informed, ensure proactive discussion, and make sound decisions.
In 2024, Board meetings have started as early as 8:30 AM for an approximate length of 7.5 hours and are almost always in-person. They are typically scheduled on a Tuesday during the month following a fiscal quarter-end, except for the September two-day strategic planning session.
In 2024, Committee meetings have usually been held a week or two before the corresponding Board meeting and are typically 2 to 3-hour-long Teams Meetings (virtual).
The Board decides together how to organize their meetings at their first regular meeting.
Special meetings or times may be arranged with sufficient notice given.
|
JAN |
FEB |
MAR |
APR |
MAY |
JUN |
JULY |
AUG |
SEP** |
OCT |
NOV |
DEC |
BOARD |
X |
*CC |
X |
|
|
X |
|
|
X |
X |
|
X |
AUDIT & FINANCE |
X |
|
X |
|
X |
|
|
|
X |
X |
X |
|
ENTERPRISE RISK MANAGEMENT |
X |
|
X |
|
X |
|
|
|
X |
X |
X |
|
GOVERNANCE |
X |
|
X |
|
X |
|
|
|
X |
X |
X |
|
AGM |
|
X |
|
|
|
|
|
|
|
|
|
|
Other meetings or commitments that occur may be done face-to-face, by conference call, or via an online meeting space, and include:
** Two-day strategic planning session