Governance

Position Descriptions

  • Chair of the Board of Directors

    The primary functions of the Chair of the Board of Directors (the "Board") of ATCO Ltd. (the "Corporation") are to facilitate the operations and deliberations of the Board and the fulfilment of the Board's role and responsibilities under its mandate. The Chair is accountable to the Board and acts as a direct liaison between the Board and management of the Corporation.

    The specific duties and responsibilities of the Chair are to:

    • manage the affairs of the Board, including ensuring that the Board is organized properly, functions effectively and fulfils the roles and responsibilities under its mandate;
    • serve as the interface between the Board with management;
    • identify and recommend to the Corporate Governance – Nomination, Compensation and Succession Committee candidates for election to the Board and appointment to committees of the Board;
    • ensure management is aware of the concerns of the Board;
    • work with management to ensure strategies, plans and performance are presented to the Board;
    • lead the Board of Directors in ensuring succession plans are in place at senior management levels;
    • mentor and counsel new members of the Board;
    • manage Board meetings including establishing the schedule and agenda and preside as Chair;
    • be available, as needed, to any committee of the Board; and
    • preside as Chair at meetings of the shareholders.
  • Lead Director
  • Chair of the Audit & Risk Committee

    The primary function of the Chair of the Audit & Risk Committee (the "Committee") of ATCO Ltd. (the "Corporation") is to ensure the effective functioning of the Committee. 

    The specific duties and responsibilities of the Chair of the Committee are to:

    • approve the agenda for Committee meetings;
    • preside as Chair over each meeting of the Committee;
    • determine which officers of the Corporation should attend Committee meetings and ensure that the Committee’s advisors attend meetings of the Committee as necessary;
    • report to the Board of Directors (the "Board") of the Corporation on behalf of the Committee;
    • ensure that all items to be reported to the Committee or requiring Committee approval and all Committee recommendations to the Board are appropriately tabled to the Board;
    • ensure the proper flow of information to the Committee and review the adequacy and timing of documentary materials in support of management's proposals;
    • ensure that external advisors retained or to be retained by the Committee are appropriately qualified and independent;
    • ensure an open and frank relationship with the Committee, management, and the Corporation's internal and external auditors;
    • attend every meeting of shareholders and respond to such questions from shareholders as may be put to the Chair of the Committee; and
    • perform such other duties and responsibilities as may be requested by the Board from time to time.
  • Chair of the Corporate Governance – Nomination, Compensation and Succession Committee

    The primary function of the Chair of the Corporate Governance – Nomination, Compensation and Succession Committee (the "Committee") of ATCO Ltd. (the "Corporation") is to ensure the effective functioning of the Committee. 

    The specific duties and responsibilities of the Chair of the Committee are to:

    • approve the agenda for Committee meetings;
    • preside as Chair over each meeting of the Committee;
    • report to the Board of Directors (the "Board") of the Corporation on behalf of the Committee;
    • ensure that all items requiring Committee approval and all Committee recommendations to the Board are appropriately tabled to the Board;
    • ensure the proper flow of information to the Committee and review the adequacy and timing of documentary materials in support of management's proposals;
    • ensure that special advisors retained or to be retained by the Committee at the request of directors or other committees of the Board are appropriately qualified;
    • ensure an open and frank relationship with the Committee and management;
    • attend meetings of shareholders and respond to such questions from shareholders as may be put to the Chair of the Committee; and
    • perform such other duties and responsibilities as may be requested by the Board from time to time.
  • Chief Executive Officer