Kodak 2010 Annual Report Download - page 161

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35
Corporate Governance Guidelines
The Governance Committee reviewed the Board’s Corporate Governance Guidelines to ensure that they reflect best practices and the
current practices of the Board. The Governance Committee proposed and the Board approved amendments to the Governance Guidelines
to reflect the Board’s processes for reviewing the Company’s plans for succession planning and executive development. A copy of the
amended Governance Guidelines is published on our website at www.kodak.com/go/directors.
Director Independence
The Governance Committee assessed each non-management director’s independence based upon the Board’s Director Independence
Standards and those of the SEC and the NYSE and made recommendations to the full Board regarding each non-management director’s
independence. The Company’s Director Independence Standards are attached to this Proxy Statement as Exhibit I.
Annual Board Goals
With the Governance Committee’s assistance, the Board continued its practice of establishing annual Board goals and tracked steps taken
to meet those goals. A more detailed description of this process appears on page 24 of this Proxy Statement. The Governance Committee
tracked the Board’s performance against its goals and provided periodic reports to the Board on its progress.
Governance Committee Evaluation
The Governance Committee prepared and conducted an annual self-evaluation and discussed the results of this evaluation. The
Governance Committee also oversaw the annual evaluation of the Board and reviewed the evaluation results.
Diversity Advisory Panel’s Recommendations
The Governance Committee met with the Company’s Chief Diversity Officer to assess the Company’s progress with regard to diversity
initiatives across the Company, including continued discussion on the recommendations of the Diversity Advisory Panel, a seven-member,
blue-ribbon panel launched in 2001 to provide advice on the Company’s comprehensive diversity strategy and assess future diversity
trends and the potential impact on Kodak.
Laura D’Andrea Tyson, Chair Dated: February 28, 2011
Herald Y. Chen
Timothy M. Donahue
Michael J. Hawley
William H. Hernandez
Douglas R. Lebda
Kyle P. Legg
REPORT OF THE EXECUTIVE COMPENSATION AND DEVELOPMENT COMMITTEE
The Executive Compensation and Development Committee has reviewed and discussed the Compensation Discussion and Analysis that
is required by the SEC rules with the Company’s management.
Based on such review and discussions, the Compensation Committee approved the Compensation Discussion and Analysis for inclusion
in this Proxy Statement.
Richard S. Braddock, Chair Dated: March 16, 2011
Herald Y. Chen
Michael J. Hawley
Douglas R. Lebda
Kyle P. Legg
Delano E. Lewis
William G. Parrett
Joel Seligman