At Hyster-Yale, oversight and consulting roles are reinforced by a corporate governance structure designed to ensure accountability, fiscal responsibility and the highest level of ethical conduct.
This corporate governance program has four key elements which have largely been in place for a decade or more:
- Strong, independent board of directors to ensure effective oversight
- Strong, independent nominating and governance committee to ensure a strong, independent board
- Strong, independent compensation committee to ensure responsible compensation
- Strong, independent audit committee to ensure accounting integrity