Finance Committee
Responsibility of the Finance Committee
The Finance Committee assists the board in fulfilling its responsibilities in connection with the company´s financial affairs. The Finance Committee reviews and, subject to the limits specified in its charter, approves or makes recommendations or reports to the board regarding:
- proposed financing transactions, capital expenditures, acquisitions, divestitures and other transactions;
- dividends;
- results of the management of pension assets; and
- risk management relating to the company´s hedging activities, use of
derivative instruments and insurance coverage.
Members of the Finance Committee
The Finance Committee met six times in 2008. The current members of the Finance Committee are
