Trican - Committees

All the information posted in this section was considered accurate at the time of posting, but may be superseded by subsequent disclosures or become inaccurate over time. Any material changes will be updated as soon as possible.

Committees

Audit Committee

The mandate of our Committee is contained in ourAnnual Information Form. The objectives of the Committee are as follows:

To assist directors meet their responsibilities (especially for accountability) in respect of the preparation and disclosure of the financial statements of Trican and related matters;
To provide better communication between directors and external auditors;
To enhance the external auditor’s independence;
To increase the credibility and objectivity of financial reports; and
To strengthen the role of the outside directors by facilitating in depth discussions between directors on the Committee, management and external auditors.

Members:

Kevin L. Nugent (Chair), President, Livingstone Energy Management Ltd.
Kenneth M. Bagan, President & CEO, Enerchem International Inc.
G. Allen Brooks, President, G. Allen Brooks L.L.C.

Compensation Committee

Our Compensation Committee's mandate includes: the responsibility to formulate and make recommendations to the Board in respect of compensation issues relating to our directors and employees, including reviewing and recommending to the Board the retainer and fees to be paid to members of the Board; reviewing and recommending to the Board performance objectives and the compensation package for the Chief Executive Officer; and recommending to the Board, on the advice of the Chief Executive Officer, the compensation, including bonuses, and benefits package for our senior management positions.

Members:

Douglas F. Robinson (Chair), Independent Businessman
Kenneth M. Bagan, President & CEO, Enerchem International Inc.
Gary L. Warren, Independent Businessman

Corporate Governance Committee

Our Corporate Governance Committee’s mandate includes: developing our approach to matters concerning corporate governance and, from time to time, reviewing and making recommendations to the Board as to such matters, including reviewing the new directors' orientation packages; recommending suitable candidates for nominees for election or appointment as directors; and recommending the criteria governing the overall composition of the Board and governing the desirable individual characteristics for directors.

Members:

G. Allen Brooks (Chair), President, G. Allen Brooks L.L.C.
Douglas F. Robinson, Independent Businessman
Gary L. Warren, Independent Businessman