Rogers 2007 Annual Report Download - page 17

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ROGERS COMMUNICATIONS INC. 2007 ANNUAL REPORT 13
TheAudit Committee reviews the Company’s accounting policies
and practices, the integrity of the Company’s financial reporting
processes and procedures and the financial statements and other
relevantpublicdisclosurestobeprovidedtothepublic.The
Committee also assists the Board in its oversight of the Company’s
compliancewithlegalandregulatoryrequirementsrelatingto
financial reporting and assesses the systems of internal accounting
andfinancialcontrolsandthequalifications,independenceand
work of external auditors and internal auditors.
TheCorporate Governance Committee assists and makes
recommendations to the Board to ensure the Board of Directors
has developed appropriate systems and procedures to enable the
Boardtoexerciseanddischargeitsresponsibilities.Tocarrythis
outtheCorporateGovernanceCommitteeassiststheBoardin
developing, recommending and establishing corporate governance
policies and practices and leads the Board in its periodic review of
the performance of the Board and its committees.
TheNominating Committee assists and makes recommendations
to the Board to ensure that the Board of Directors is properly
constituted to meet its fiduciary obligations to shareholders
andtheCompany.Tocarrythisout,theNominatingCommittee
identifies prospective Director nominees for election by the
shareholders and for appointment by the Board and also recom-
mends nominees for each committee of the Board including each
committee’s Chair.
TheCompensation Committee assists the Board in monitoring,
reviewing and approving compensation and benefit policies
andpractices.TheCommitteeisresponsibleforrecommending
director and senior management compensation and for succession
planning with respect to senior executives.
TheExecutive Committee assists the Board in discharging its
responsibilities in the intervals between meetings of the Board,
including to act in such areas as specifically designated and
authorizedataprecedingmeetingoftheBoardandtoconsider
matters concerning the Company that may arise from time-to-time.
TheFinance Committee reviews and reports to the Board on
matters relating to the Company’s investment strategies, hedging
program,andgeneraldebtandequitystructure.
ThePension Committee supervises the administration of
the Company’s pension plans and reviews the provisions and
investment performance of the Company’s pension plans.
“OvertheyearstheCanadianeconomyhasbenefitedgreatlyfromfamily
founded and controlled companies that are able to take a longer term view
ofinvestmenthorizonsandgeneralbusinessmanagement.AtRogers,wehave
successfully overlaid disciplined corporate governance processes that strike
a healthy balance of being supportive of the business’ continued success,
makingcommonbusinesssense,andbenefitingallshareholders.”
Alan D. Horn
Chairman of the Board
Rogers Communications Inc.
“Rogershasalongtraditionofstrongindependentvoicesanddirectorsinthe
boardroom and sound governance structures which ensure that their influence
isreal.ThestructureofourBoardisverymuchintendedtoensurethatthe
DirectorsandmanagementactintheinterestsofallRogers’shareholders–
an approach that has helped ensure the continuance of strong independent
familyfoundedCanadiancompanies.”
Peter C. Godsoe, OC
Lead Director
Rogers Communications Inc.