A.2. Role and Functions of the Board
The Board is elected by the stockholders to oversee the business and affairs of the Company, to oversee management, to build long-term value for the stockholders, and to sustain the Company's vitality for its stockholders and other constituencies, including its employees.
In addition to these general roles, the Board performs a number of more specific functions, including:
Selecting and overseeing the evaluation of the Chief Executive Officer (the "CEO");
Overseeing CEO and senior management succession planning;
Providing counsel and oversight on the selection, evaluation and development of senior management;
Reviewing and approving corporate strategy on an annual basis;
Advising and counseling the CEO and senior ...