Telus 2008 Annual Report Download - page 44

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AUDIT COMMITTEE
The Audit Committee of the Company supports the Board in fulfilling its oversight
responsibilities regarding the integrity of the Company’s accounting and financial
reporting, internal controls and disclosure controls, legal and regulatory compliance,
ethics policy and timeliness of filings with regulatory authorities, the independence and
performance of the Company’s external and internal auditors, the management of the
Company’s risk, credit worthiness, treasury plans and financial policy and whistleblower
and complaint procedures. A copy of the Audit Committee’s Terms of Reference is
attached as Appendix A to this Annual Information Form.
The current members of the Audit Committee are Brian F. MacNeill (Chair), Micheline
Bouchard, Pierre Y. Ducros, Ruston E. T. Goepel and Ronald P. Triffo. Each member of
the Audit Committee is independent and financially literate within the meaning of
Multilateral Instrument 52-110 “Audit Committees” and the Board has determined that
Brian MacNeill is an audit committee financial expert and has accounting or related
financial management expertise. The following lists the relevant education and
experience of the members of TELUS’ Audit Committee that is relevant to his or her role
on the committee.
Brian MacNeill chairs the Audit Committee. He holds a Bachelor of Commerce from
Montana State University and has over 35 years of experience in accounting having
earned his Certified Public Accounting designation (California) and his Chartered
Accountant designation (Canada). In 1995, Mr. MacNeill was made a Fellow of the
Chartered Accountants of Alberta. Mr. MacNeill served as Chief Executive Officer of
Enbridge Inc. from 1990 until his retirement in 2001. Prior to that, he served as Chief
Operating Officer of Enbridge and held numerous financial positions with various
Canadian companies.
Micheline Bouchard holds a Bachelor of Applied Science (Engineering Physics) and a
Master of Applied Science (Electrical Engineering) from Ecole Polytechnique. She
served as President and CEO of ART Advanced Research Technologies, a biomedical
company, from 2002 until July 2006 and prior to that, she held senior executive positions
at both Motorola Inc. and Motorola Canada Limited. Ms. Bouchard is currently a director
and a member of the audit committee of Home Capital/Home Trust and Citadel Group of
Funds. She has previously served on eight audit committees, and served as chair for
two of them.
Pierre Y. Ducros obtained a Bachelor of Arts Degree from the Université de Paris at
Collège Stanislas in Montréal and a Bachelor of Engineering (Communications) degree
from McGill University. Mr. Ducros was President and Chief Executive Officer of DMR
Consulting Group, Inc. (Canada), an information technology services company, which he
co-founded in 1973. Mr. Ducros has also held various management positions at IBM
Canada Limited and serves on the board of a number of other public companies.
Ruston E.T. Goepel holds a Bachelor of Commerce from the University of British
Columbia and has over 35 years of experience in the investment banking industry. He is
currently Senior Vice President with Raymond James Financial Ltd. Mr. Goepel is a
director of several public companies, and currently serves as a member of the audit
committee of Baytex Energy Trust.
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