Progress Energy, Inc.: Corporate Governance Guidelines

Topics:
Investor Relations
Tags:
Board,
Business Operations,
Corporate Governance,
Corporate Law,
Progress Energy,
Progress Energy Inc.,
Shareholder
Source:
Progress Energy

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Overview: "The Directors of Progress Energy, Inc., are the representatives of the Company’s shareholders and direct the management of the Company on the shareholders’ behalf. The shareholders’ main interest is in optimizing the Company’s financial success within the bounds of our legal and regulatory system. The Board recognizes that these responsibilities can be best met through a sound corporate governance philosophy and through policies and practices that maximize the Board’s focus and overall effectiveness. The Board is committed to the principles and has adopted a set of governance measures structured around them. These Corporate Governance Guidelines document the Board’s responsibilities, structure and internal practices. The Corporate Governance Committee shall review these guidelines on a regular basis and make recommendations to the Board on items that will improve its governance."

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Format: PDF | Size: 117KB | Date: Jan 2003 | Pages: 14


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