Kroger 2014 Annual Report Download - page 17
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IN F O R M A T I O N C O N C E R N I N G T H E B O A R D O F D I R E C T O R S
CO M M I T T E E S O F T H E B O A R D
The Board has five standing committees including Audit, Compensation and Corporate Governance.
All standing committees are composed exclusively of independent directors. The current charter of each
Board committee is available on our website at ir.kroger.com under Corporate Governance – Committee
Composition.
Thetablebelowprovidesthecurrentmembershipofourindependentdirectorsoneachofthestanding
Boardcommittees.
Name
Audit
Committee
Compensation
Committee
Corporate
Governance
Committee
Financial
Policy
Committee
Public
Responsibilities
Committee
Nora A. Aufreiter x x
RobertD.Beyer Chair x
SusanJ.Kropf x x
DavidB.Lewis x x
JorgeP.Montoya x Chair
ClydeR.Moore Chair x
SusanM.Phillips x x
JamesA.Runde x Chair
RonaldL.Sargent Chair x
BobbyS.Shackouls x x
During2014,theAuditCommitteemetfivetimes,theCompensationCommitteemetfourtimes,and
the Corporate Governance Committee met two times. The Audit Committee reviews financial reporting
andaccountingmatterspursuanttoitscharterandselectsourindependentaccountants.TheCompensation
Committee recommends for determination by the independent members of the Board the compensation
of the CEO, determines the compensation of our other senior management, and administers some of our
incentiveprograms.AdditionalinformationontheCompensationCommittee’sprocessesandproceduresfor
considerationofexecutivecompensationareaddressedintheCompensationDiscussionandAnalysissection
ofthisproxystatement.TheCorporateGovernanceCommitteedevelopscriteriaforselectingandretaining
membersoftheBoard,seeksoutqualifiedcandidatesfortheBoard,andreviewstheperformanceoftheBoard
and,alongwiththeotherindependentboardmembers,theCEO.
DI R E C T O R N O M I N A T I O N S
The CorporateGovernanceCommittee will considershareholderrecommendations fornominees for
membershipontheBoardofDirectors.Ifshareholderswishtonominateapersonorpersonsforelectionto
theBoardatour2016annualmeeting,writtennoticemustbesubmittedtoKroger’sSecretary,andreceived
atourexecutiveofficesnotlaterthanJanuary13,2016.Suchnoticeshouldincludethename,age,business
address and residence address of such person, the principal occupation or employment of such person, the
numberofKrogercommonsharesownedofrecordorbeneficiallybysuchperson,andanyotherinformation
relatingtothepersonthatwouldberequiredtobeincludedinaproxystatementrelatingtotheelection
of directors. The Secretary will forward the information to the Corporate Governance Committee for its
consideration.TheCommitteewillusethesamecriteriainevaluatingcandidatessubmittedbyshareholders
asitusesinevaluatingcandidatesidentifiedbytheCommittee.Thesecriteriaare:
• Demonstrated ability in fields considered to be of value in the deliberations of the Board, including
businessmanagement,publicservice,education,science,law,andgovernment;
• Higheststandardsofpersonalcharacterandconduct;