GOVERNANCE BEST PRACTICES

CatchMark’s corporate governance policies promote the long-term interests of stockholders. Accountability, integrity and trust are paramount at CatchMark. In addition, our overall approach to risk management preserves our business value and enables us to deliver results to our stakeholders.

  • Programs and policies aimed at advancing ESG measures and engaging stakeholders in a collaborative manner
  • Strict code of business and ethics
  • Whistleblower policy
  • Expansive policies that address:
    • Annual election of directors
    • Risk oversight
    • Political contributions
    • Conflicts of interest

Below is a summary of some of the highlights of our corporate governance framework.

  • Annual election of all directors
  • Five of six directors are independent
  • Majority voting with plurality carve-out for contested elections
  • Separate independent Chairman and CEO
  • Anti-hedging and anti-pledging policy
  • Executive officer stock ownership guidelines
  • Independent director stock ownership guidelines
  • Regular executive sessions of independent directors
  • Related person transactions policy
  • Annual say-on-pay advisory votes

 

  • Average director tenure of seven years
  • Risk oversight by the board and committees
  • Annual board and committee self-evaluations
  • No supermajority voting
  • No stockholder rights plan
  • Stockholders have right to amend bylaws
  • Director continuing education policy
  • All directors attended at least 75% of 2019 meetings
  • Stockholder engagement