Eli Lilly 2015 Annual Report Download - page 124

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P8
Governance
Item 1. Election of Directors
Under the company’s articles of incorporation, the Board is divided into three classes with approximately one-
third of the directors standing for election each year. The term for directors to be elected this year will expire
at the annual meeting of shareholders held in 2019. Each of the nominees listed below has agreed to serve
that term. The following sections provide information regarding our directors including their qualifications, the
director nomination process, and compensation, among other topics.
Board Recommendation on Item 1
The Board recommends that you vote FOR each of the following nominees:
• Ralph Alvarez
• R. David Hoover
• Juan R. Luciano
• Franklyn G. Prendergast
• Kathi P. Seifert
Board Operations and Governance
Board of Directors
From left to right: Franklyn G. Prendergast, Michael L. Eskew, Karen N. Horn, Juan R. Luciano, Katherine Baicker, J. Erik Fyrwald, R.
David Hoover, John C. Lechleiter, Ralph Alvarez, Ellen R. Marram, Marschall S. Runge, William G. Kaelin, Jr., Kathi P. Seifert, and
Jackson P. Tai.
Each of our directors is elected to serve until his or her successor is duly elected and qualified. If a nominee is
unavailable for election, proxy holders may vote for another nominee proposed by the Board of Directors or,
as an alternative, the Board of Directors may reduce the number of directors to be elected at the annual
meeting.
Governance