Leadership & Governance
Governance
Position Descriptions
The Board of Directors has developed Charters for the Audit and Human Resources and Corporate Governance committees of the Board, as well as respective position descriptions for the Founder and Executive Chairman of the Board, for the Lead Director, for the Committee chairs and for the President and Chief Executive Officer to complement the Board of Directors’ Charter.
Couche-Tard’s Board of Directors considers strong and transparent corporate governance practices to be an important factor in the overall success of the Company and is committed to adopting and adhering to the highest standards in corporate governance.
The Board strives for continuous improvement in its corporate governance practices to ensure continued effective oversight of management and Couche-Tard’s business affairs, and to make sure the governance framework not only meets regulatory requirements but also reflects evolving best practice.
To consult the full document:
The principal responsibility for the financial reporting and disclosure controls and procedures, accounting systems and internal controls over financial reporting of Alimentation Couche-Tard Inc. is vested in senior management and is overseen by the Board of Directors. The Audit Committee was established to assist the Board in fulfilling its responsibilities in this regards.
To consult the full document:
The Human Resources and Corporate Governance Committee is responsible for assisting the Board of Directors of Couche-Tard in connection with executive and other human resources hiring, assessment, executive compensation and succession planning. The Human Resources and Corporate Governance Committee may, from time to time, engage the services of outside advisors at the expense of the Corporation in order to assist the Human Resources and Corporate Governance Committee in the performance of its duties.
In addition to its responsibilities above, the Human Resources and Corporate Governance Committee assists the Corporation in the following:
- developing the Corporation’s approach on corporate governance issues;
- identifying and recommending new Board nominees and director nominees for each committee of the Board;
- assessing the effectiveness of the Board and its committees as a whole and the contribution of individual members;
- annual review and recommendation of the Corporation’s policies; and
- overseeing orientation and continuing education programs for Directors.
To consult the full document:
- ADVANCE NOTICE BY-LAW
- CERTIFICAT DE REFONTE (available in French only)
- CORPORATE GOVERNANCE GUIDELINES
- INSIDER TRADING POLICY
- MAJORITY VOTING POLICY IN DIRECTOR ELECTIONS
- POLICY REGARDING DIVERSITY
- PRIVACY POLICY (Canada and United States)
- PUBLIC DISCLOSURE POLICY
- RÈGLEMENT INTÉRIEUR (available in French only)
- ROLE AND RESPONSIBILITIES OF THE FOUNDER AND EXECUTIVE CHAIRMAN
- ROLE AND RESPONSIBILITIES OF THE LEAD DIRECTOR