corporate governance
Board Compensation
Non-employee Directors receive compensation that is competitive, links rewards to business results and stockholder returns, and facilitates increased ownership of the Corporation's stock. The compensation consists of cash and equity components with a goal of providing greater than 50 percent of compensation in equity. The Corporation does not have a retirement plan for non-employee Directors.
promoting strong corporate governance practices
The Board of Directors of alcon directs the affairs of the Corporation and is committed to sound principles of corporate governance. Documents included in this section provide ways for investors to understand the foundation of our corporate governance.
The Board Nominating and Governance Committee assists the Board of Directors in defining and assessing qualifications for membership on the Board.
governance guidelines
These guidelines have been adopted by the alcon Board of Directors. The guidelines, in conjunction with the Restated Certificate of Incorporation, By-Laws and Board Committee charters, form the framework for governance of the Corporation.
Confidentiality
The proceedings and deliberations of the Board and its Committees are confidential. Each Director will maintain the confidentiality of all proprietary, privileged or otherwise protected information about the Corporation and other entities that the Director obtains in connection with his or her service as a Director, except where the disclosure is authorized or required by law.
public policy and sustainability committee
The Public Policy and Sustainability Committee assists the Board of Directors in overseeing environmental, social, human rights, political, and public policy matters that are relevant to the Corporation’s activities and performance. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters.