Our high level of integrity is reinforced at all levels in the Company. The Board of Directors and management are committed to maintaining a high standard of corporate governance to consistently earn the trust of our shareholders and other stakeholders.
Board members are our corporate stewards and supervise management. They review and approve Maple Leaf Foods’ strategic planning, financial performance and reporting, organizational structure, risk management, policies and procedures, and oversee compliance. They hold us accountable to our shareholders. All of the Board’s activities are for the purpose of preserving and enhancing the underlying value of the Company.
We have created a culture of involvement for Board members to engage in hands-on experience to facilitate meaningful interaction and deeper insights into the business. Our “Board Connect” program pairs a Director with an operating company President or senior leader in one of our businesses to work together for a day, which allows for an open flow of information.
Our Board has 11 members, of which 10 are independent of the Company and management under the securities laws. Our independent directors are very experienced, high caliber business leaders with diverse relevant skills and competencies.
The Board has a formal mandate setting out their responsibilities in the stewardship of the Company that includes the Board’s responsibilities for the appointment and development of management, strategic planning, monitoring of financial performance, financial reporting, risk management and oversight of the Corporation’s policies and procedures, communications and reporting, and compliance.View the Mandate
Code of Business Conduct
The Board takes all steps to assure itself of the ethics and integrity of the Chief Executive Office (“CEO”) and the executive officers and ensure the appropriate ethical conduct procedures are established.View the Policy