Pottery Barn 2004 Annual Report Download - page 85

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Information Regarding Directors Emeritus
The following table sets forth information, as of April 20, 2005, with respect to each Director Emeritus.
Director Emeritus
Director
Emeritus
Since Position with the Company and Business Experience
Charles E. Williams ....... 2003 • Director, 1973 – 2003
Age 89 • Vice Chairman, 1986 – 2003
• Founder
James A. McMahan ....... 2003 • Director, 1979 – 2003
Age 82 • Chief Executive Officer of McMahan Furniture Stores
(furniture), 1947 – 1999
What are the committees of our Board?
Our Board has the following committees, with the following members as of April 20, 2005:
Committee and Members Functions of Committee
Number of
Meetings in
Fiscal 2004
Audit:
Michael R. Lynch, Chairman
Adrian D.P. Bellamy
Adrian T. Dillon
Jeanne P. Jackson
• Monitors the integrity of financial reports and other
financial information prepared by us;
• Appoints and/or replaces any independent registered
public accounting firm issuing an audit report or
performing other audit, review or attest services;
• Reviews the performance of our internal audit function,
independent registered public accounting firm and our
auditing, accounting and financial reporting procedures;
• Monitors our compliance with legal and regulatory
requirements; and
• Monitors our system of internal controls.
6
Compensation:
Adrian D.P. Bellamy, Chairman
Jeanne P. Jackson
Richard T. Robertson
• Reviews and determines our executive officers’
compensation;
• Reviews and determines our general compensation goals
and guidelines for our employees;
• Reviews and determines our compensation policy for our
non-employee directors; and
• Administers certain of our compensation plans and
provides assistance and recommendations with respect to
other compensation plans.
3
Nominations and Corporate
Governance:
Michael R. Lynch, Chairman
Sanjiv Ahuja
Adrian D.P. Bellamy
• Reviews and recommends corporate governance policies;
• Identifies and makes recommendations for nominees for
director and considers criteria for selecting director
candidates;
• Considers shareholders’ director nominations; and
• Evaluates the performance of our Chief Executive
Officer and oversees the evaluation of the performance
of our management and our Board.
3
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