Latest news with #CorporateGovernanceGuidelines
Associated Press
9 hours ago
- Business
- Associated Press
GoDaddy 2024 Sustainability Report: Responsible Governance & Operations
Originally published in GoDaddy's 2024 Sustainability Report Honest & Ethical Conduct Transparency, integrity, and trust are thecornerstones of how we do business. We hold ourselves to the highest ethical standards, ensuring our actions reflect professionalism and transparency. By continually evolving our practices, we stay ahead in a fast-changing regulatory world, always striving to do what's right. Business Ethics We implement the following policies and procedures to guide our business conduct: Human Rights PolicyAnti-Slavery PolicyEthics HelplineSpeak Up Policy 87/100: Through our annual GoDaddy Voice Survey, we achieved an average score of 87 out of 100 on the question, 'If I encounter an unethical situation, I feel comfortable reporting issues regarding ethics and compliance.' Education & Training We are dedicated to ensuring our workforce is well-equipped to uphold our ethical standards through comprehensive trainings. As a part of their onboarding process, new GoDaddy employees complete trainings which enforce awareness of and compliance with the Code of Business Conduct and Ethics. These include foundational topics such as anti-harassment and anti-discrimination; data protection and security awareness; and social engineering alongside targeted training on anti-trust, anti-bribery, and anti-corruption for specific roles. Annual refresher trainings are also required for select topics. When vendors and contractors begin working with us, we require them to complete ethics trainings on our Code, data protection, security awareness, and other topics, where relevant. Refresher trainings on select topics may also be required annually. Corporate Governance Strong corporate governance is the foundation of our business strategy, generating long-term value and maintaining the trust of our stakeholders. Our Board provides oversight on the long-term strategic, financial, and organizational goals of the company. Our Corporate Governance Guidelines reflect the Board's commitment to a system of governance which enhances corporate responsibility and accountability, and assist the Board in implementing effective corporate governance practices. For more information on the responsibilities of our Board and its committees, please review our Corporate Governance Guidelines, committee charters, and Proxy Statement on our Investor Relations Financials page and Governance page. In 2024, our Board appointed Graham Smith as a new independent director, effective June 26, 2024. For more information on our Board, refer to our 2025 Proxy Statement. Risk Management Our Board is responsible for overseeing GoDaddy's enterprise-wide risks, the formation of our long-term strategic, financial, and organizational goals, and the plans designed to achieve such goals. The Board and its committees also oversee strategic, legal, regulatory, financial, management, and operational risks. For more details on the responsibilities of the Board and its committees, refer to the Sustainability Governance section or the committee charters on our Investor Relations Governance page. With oversight from our Audit Committee, the Assurance, Risk, and Compliance (ARC) Team leads our enterprise risk management program. The ARC Team is responsible for identifying key risks that could impact the Company's strategy, operations, or compliance. The ARC Team assists our Leadership Team in defining metrics to monitor such risks and respond proactively, helping the business navigate risks while staying focused on strategic execution and innovation. Government & Policy Engagement Our Corporate and Government Affairs Team serves as an advocate for our customers and small businesses, championing their interests in key legislative, public policy, and regulatory arenas. By engaging with policymakers, lawmakers, and other stakeholders, the team highlights GoDaddy's role in the industry and our support for a fair and open digital ecosystem. As both a Registry and a Registrar, we actively participate in Internet Corporation for Assigned Names and Numbers (ICANN) working groups and community leadership bodies. These engagements shape the policies governing and managing the Domain Name System, impacting our products, services, and how they are utilized by our customers. The team also ensures fair and transparent resolution of complaints and information requests from ICANN and third parties, covering a wide range of domain name-related issues. As a part of our commitment to honest and ethical conduct, the Corporate and Government Affairs Team detailed GoDaddy's standards for political contributions, activities, and lobbying by our directors, officers, and employees in a publicly available policy. ENGAGING WITH REGULATORS TO PROTECT OUR CUSTOMERS GoDaddy actively engages with institutions and standards bodies to share the potential impact decisions have on our customers' registration experience, data protection, and overall online presence. Our engagement is important to our customers and our business as proposed legislation can at times result in unnecessary domain name suspensions, confusing customer communications, and increased exposure to phishing and other online threats involving personal data. GoDaddy also works through ICANN and Internet Infrastructure Coalition (i2Coalition), and in collaboration with other industry associations representing internet infrastructure companies, to engage on matters important to protecting registrants and promoting a secure and predictable online environment. To learn more, read our 2024 Sustainability Report. About This Report This GoDaddy 2024 Sustainability Report details our progress toward our corporate sustainability goals, strategies, and initiatives in support of our overarching corporate mission and values. Unless otherwise noted, this report reflects our corporate sustainability performance across our global operations covering the fiscal year period from January 1 to December 31, 2024. To demonstrate our commitment to transparent communication regarding our sustainability progress, we routinely share updates through our website and our annual Sustainability Report. We welcome your questions, comments, and feedback on this report by contacting [email protected]. This report references the Global Reporting Initiative (GRI) Standards, includes select Sustainability Accounting Standards Board (SASB) metrics for the Internet Media and Services sector, and the Task Force on Climate Related Financial Disclosures (TCFD). We also disclose our contributions and progress toward priority UN SDGs. For additional information on how we align with these frameworks and key indicators demonstrating our sustainability performance, please refer to the Frameworks & Metrics section. Visit 3BL Media to see more multimedia and stories from GoDaddy
Yahoo
12-06-2025
- Business
- Yahoo
Forward Air Corporation Announces Results of 2025 Annual Meeting and Board Changes
Shareholders Approve Reincorporation to Delaware GREENEVILLE, Tenn., June 12, 2025--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward Air", "we", "our", or "us") today announced changes to its Board of Directors following the Company's 2025 Annual Meeting of Shareholders. Under the Company's Corporate Governance Guidelines, the Forward Air Board of Directors has accepted the resignation of George Mayes, effective immediately. While Javier Polit and Laurie Tucker received the support of a majority of the votes cast by shareholders in their election, both have voluntarily resigned as members of the Board, effective immediately, in order to permit the Board and management to continue focusing on the Company's operations, transformation plan and comprehensive strategic alternatives review. The Board has reduced its size to comprise eight directors, six of whom are independent. All directors have been appointed since January 2024 as part of the Board's refreshment process. The Board has appointed Jerome Lorrain as Executive Chairman and Paul Svindland as Lead Independent Director. The Board issued the following statement: George, Javier and Laurie have been dedicated directors, offering critical leadership, insight and experience over their respective tenures and we thank them for their service. Looking ahead, we are committed to advancing the Company's strategic alternatives review – which is well underway – and continued global transformation in order to improve operating results and maximize shareholder value. We will continue to work closely with the management team to realize the Company's full intrinsic value. Shareholders have also approved all other proposals set forth in the Company's proxy statement, including the Company's 2025 Omnibus Incentive Compensation Plan, the Company's 2025 Non-Employee Director Stock Plan, an advisory resolution on executive compensation, the ratification of the appointment of appointment of KPMG LLP as the Company's independent registered public accounting firm of the Company for the 2025 fiscal year and the reincorporation of the Company from Tennessee to Delaware. The final voting results, as tabulated by the independent Inspector of Elections, will be filed on a Form 8-K with the U.S. Securities and Exchange Commission. About Jerome Lorrain Mr. Lorrain has over 30 years of experience serving in a variety of roles in the logistics and transportation industry. He previously served as Chief Operating Officer of CEVA Logistics, a global end-to-end logistics company, and currently serves as director of Log-Hub, a supply chain solution and optimization company, and as the Executive Chairman of FluentCargo, a routing solutions provider. Additionally, Mr. Lorrain formerly served as a Director of SeaFrigo and as the Chairman of Arrive Logistics and Pilot Freight Services. About Paul Svindland Mr. Svindland is an experienced executive with three decades of experience in the transportation and logistics industry. He serves as Chairman of STG Logistics, a port-to-door services and supply chain solutions company, and previously served as its Chief Executive Officer from February 2020 to April 2025. Prior to that, Mr. Svindland served as the Chief Executive Officer and director of Celadon Group, Inc., a full-service domestic trucking company. About Forward Air Corporation Forward is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer truckload brokerage services, including dedicated fleet services, and intermodal, first- and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements included in this communication relate to the Company's expectations regarding the ongoing review of strategic alternatives, the expected benefits of reincorporation in Delaware on the Company; and expectations regarding the results of the Company's ongoing transformation strategy. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. The following is a list of factors, among others, that could cause actual results to differ materially from those contemplated by the forward-looking statements: economic factors such as economic factors such as recently imposed tariffs and potential escalation from trading partners, the risks associated with the uncertainty surrounding trade policy, including the extent to which increased tariffs will affect the Company's operations and strategic plan; risks associated with the Company's limited visibility to the impact of tariffs on third-party shipments; the timing of its review of any strategic alternatives; whether the Company will be able to identify or develop any strategic alternatives to its strategic plan as a standalone company; the Company's ability to execute on material aspects of any strategic alternatives that are identified and pursued; whether the Company can achieve the potential benefits of any strategic alternatives or its strategic plan as a standalone company; recessions, inflation, higher interest rates and downturns in customer business cycles, the Company's ability to achieve the expected strategic, financial and other benefits of the acquisition of Omni Logistics, the risk that the businesses will not be integrated successfully or that integration may be more difficult, time-consuming or costly than expected, the risk that operating costs, customer loss, management and employee retention and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) as a result of the acquisition of Omni Logistics may be greater than expected, continued weakening of the freight environment, future debt and financing levels, our ability to deleverage, including, without limitation, through capital allocation or divestitures of non-core businesses, our ability to secure terminal facilities in desirable locations at reasonable rates, more limited liquidity than expected which limits our ability to make key investments, the creditworthiness of our customers and their ability to pay for services rendered, our inability to maintain our historical growth rate because of a decreased volume of freight or decreased average revenue per pound of freight moving through our network, the availability and compensation of qualified Leased Capacity Providers and freight handlers as well as contracted, third-party carriers needed to serve our customers' transportation needs, our inability to manage our information systems and inability of our information systems to handle an increased volume of freight moving through our network, the occurrence of cybersecurity risks and events, market acceptance of our service offerings, claims for property damage, personal injuries or workers' compensation, enforcement of and changes in governmental regulations, environmental, tax, insurance and accounting matters, the handling of hazardous materials, changes in fuel prices, loss of a major customer, increasing competition, and pricing pressure, our dependence on our senior management team and the potential effects of changes in employee status, seasonal trends, the occurrence of certain weather events, restrictions in our charter and bylaws and the risks described in our Annual Report on Form 10-K for the year ended December 31, 2024, and as may be identified in our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We caution readers that any forward-looking statement made by us in this communication is based only on information currently available to us and they should not place undue reliance on these forward-looking statements, which reflect management's opinion as of the date on which it is made. We undertake no obligation to publicly update any forward- looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise unless required by law. View source version on Contacts Investors:Tony Carreñoinvestorrelations@ Media:Justin Moss(404) 362-8933jmoss@ OrCollected StrategiesNick Lamplough / Jim Golden / Tali Epsteinforwardair-cs@ Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
Zimmer Biomet Announces Upcoming Changes to Company's Board of Directors
WARSAW, Ind., Feb. 25, 2025 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced upcoming changes to the Company's Board of Directors, including: Non-Executive Chairman of the Board Christopher Begley will retire from the Board of Directors at the Company's annual meeting of stockholders on May 29, 2025, pursuant to the mandatory director retirement age in the Company's Corporate Governance Guidelines; President and CEO Ivan Tornos will become Chairman of the Board upon Mr. Begley's retirement; and Michael Farrell will become Lead Independent Director upon Mr. Begley's retirement. Retirement of Mr. Begley "Chris has been a tremendous advisor to Zimmer Biomet since joining the Board in 2012. His vision, thoughtful counsel, and dedication to the Company have been instrumental in positioning Zimmer Biomet as a MedTech leader and innovator," said Mr. Tornos. "On behalf of the entire Board of Directors and Leadership Team, I want to extend my deep gratitude to Chris for his exemplary leadership and service as a member of Zimmer Biomet's Board. We have all benefited immensely from Chris's guidance, leadership and mentorship as Board Chair." Mr. Begley has been a member of the Company's Board of Directors since 2012, has served as Non-Executive Chairman since August 2023 and prior to that served as Lead Independent Director since May 2021. During his tenure as a Director, he has also served as a member of the Corporate Governance and the Compensation and Management Development Committees, and as Chair of the Quality, Regulatory and Technology Committee. He is the retired Chairman and Chief Executive Officer of Hospira, Inc. and the retired Non-Executive Chairman of the Board of Hanger, Inc. Appointment of Mr. Tornos as Chairman of the Board "Ivan has demonstrated bold leadership during his tenure as President and CEO, and prior to that as Chief Operating Officer, at Zimmer Biomet," said Mr. Begley. "I and the entire Board of Directors are excited to see how he continues to drive even stronger value for patients, shareholders, physicians and customers in his expanded role as Chairman of the Board." Appointment of Mr. Farrell as Lead Independent Director Mr. Farrell has been a Zimmer Biomet Board member since 2014 and currently serves as Chairman of the Compensation and Management Development Committee and as a member of the Quality, Regulatory and Technology Committee. He is the Chairman and Chief Executive Officer of ResMed Inc. Mr. Tornos stated, "We are honored to have Mick serve as our Lead Independent Director. He is a respected and accomplished business leader who brings strong integrity, a collaborative approach, and a valuable strategic perspective to our Board. I look forward to working with him in his new role." About Zimmer BiometZimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence. With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation. For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit or follow on LinkedIn at or X / Twitter at Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements concerning Zimmer Biomet's expectations, plans, prospects, and product and service offerings. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks, uncertainties and changes in circumstances that could cause actual outcomes and results to differ materially. For a list and description of some of such risks and uncertainties, see Zimmer Biomet's periodic reports filed with the U.S. Securities and Exchange Commission (SEC). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in Zimmer Biomet's filings with the SEC. Forward-looking statements speak only as of the date they are made, and Zimmer Biomet disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this news release are cautioned not to rely on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary note is applicable to all forward-looking statements contained in this news release. Media Investors Heather Zoumas-Lubeski David DeMartino (445) 248-0577 (646) 531-6115 Weiner(908) View original content to download multimedia: SOURCE Zimmer Biomet Holdings, Inc. Sign in to access your portfolio
Yahoo
24-02-2025
- Business
- Yahoo
KBR Appoints Lead Independent Director
HOUSTON, Feb. 24, 2025 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that the independent directors of the KBR Board have unanimously elected Lt. General Wendy M. Masiello as Lead Independent Director, effective as of KBR's 2025 annual meeting of stockholders to be held in May 2025. Lt. General Masiello has served on KBR's Board of Directors since August 2017, including as the current Chair of the Cybersecurity Committee and a member of the Compensation Committee and Sustainability & Corporate Responsibility Committee. A three-star General of the U.S. Air Force, Lt. General Masiello brings a wealth of relevant experience and a deep understanding of KBR's strategic vision and operations. "One of KBR's greatest strengths is an experienced and highly committed Board of Directors," said KBR Chair, General Lester L. Lyles. "The appointment of Lt. General Masiello as lead independent director reflects a thorough and thoughtful process by the Board, who strongly believe that her leadership capabilities, deep operations experience, and accomplished government career make her highly qualified to serve in this important role. Wendy has provided valuable insights and guidance as an independent director since joining our Board, and she has excelled in every capacity just as I personally observed throughout her leadership positions in the Air Force. I am thrilled she will bring her expertise to us in this new role. We thank her for accepting this responsibility to lead and provide independent oversight." "I am honored to have received the support of KBR's Board and am excited to partner with fellow directors and management as we continue on our path of delivering profitable growth and accelerating shareholder value," said Lt. General Masiello. "I would like to thank the Board for their trust in me to lead in an expanded way." As part of the Board leadership transition, the Board also enhanced the Lead Independent Director duties, which are set forth in the Company's Corporate Governance Guidelines, available at About Lt. General Wendy M. Masiello Lt. General Masiello is a retired three-star General of the U.S. Air Force and an independent consultant. Prior to her retirement, Lt. General Masiello served as Director of the Defense Contract Management Agency maximizing a $1.4 billion budget to manage and motivate a global workforce of 12,000 to ensure 20,000 contractors delivered on 340,000 Defense and Federal contracts valued at $6 trillion. During her 36-year career, Lt. General Masiello also shaped Air Force contracting policy and its 11,000 persons as Deputy Assistant Secretary (Contracting), Office of the Assistant Secretary of the Air Force for Acquisition, and prior to that led the Air Force's $65 billion Service Acquisition portfolio as its Program Executive Officer. She also led contracting support for U.S. military forces in Iraq and Afghanistan from July 2005 to January 2006. Lt. General Masiello's medals and commendations include the Defense Superior Service Medal, Distinguished Service Medal, and Bronze Star. Lt. General Masiello is also an independent board director for StandardAero (NYSE: SARO), where she serves as a member of its Audit Committee, for EURPAC Service, Inc., where she serves as a member of its Compensation and IT committees, for Tlingit Haida Tribal Business Corporation, and for MRIGlobal, where she serves on its Board of Trustees and Audit and Compensation and HR committees. Her not-for-profit work includes Board of Directors for the Procurement Round Table and Board of Directors and Executive Committee for the National Board of Rebuilding Together. She advises the Department of Defense as a member of the Acquisition Innovation and Research Center Advisory Panel and U.S. Air Force as a member of the Air Force Studies Board of the National Academy of Sciences. Lt. General Masiello previously served as Board Chair for the National Contract Management Association. About KBRWe deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver. Visit For further information, please contact: InvestorsJamie DuBrayVice President, Investor Relations713-753-2133Investors@ MediaPhilip IvyVice President, Global Communications713-753-3800Mediarelations@ View original content to download multimedia: SOURCE KBR, Inc. Sign in to access your portfolio
