Corporate Governance

PHILOSOPHY

Dorel's approach to corporate governance has consistently been to ensure that its business practices be effectively managed to enhance shareholder value. In this context and taking into consideration the recent evolution with respect to corporate governance.

The Board of Directors has implemented several changes to corporate governance practices, including the establishment of two committees:

  • The Audit Committee

    and

  • The Corporate Governance and Human Resources Committee

Both committees will be composed entirely of independent directors.

The rules of the Toronto Stock Exchange (TSX) require that each listed company disclose on an annual basis its approach to corporate governance with reference to guidelines set out in the TSX Company Manual (the "Guidelines").

The Company's disclosure addressing each of the Guidelines is set out in its 2024 Management Proxy Circular. (PDF format, 1.3MB)

BOARD OF DIRECTORS

BOARD COMMITTEES

Audit Committee

Responsible for overseeing the accounting and financial reporting of the Company and ensuring the compliance of financial reporting with accounting standards. None of the members of the Audit Committee is an officer or employee of the Company or any of its subsidiaries.

Members:

  • Sharon Ranson (Chairperson)
  • Brad Johnson
  • Maurice Tousson
  • Norman Steinberg

Corporate Governance and Human Resources Committee

Responsible for recommending the appointment of officers to the Board of Directors and all corporate governance matters, and considering terms of executive employment,  including matters of compensation. None of the members of the Corporate Governance and Human Resources Committee is an officer or employee of the Company or any of its subsidiaries.

Members:

  • Norman Steinberg (Co-Chair)
  • Maurice Tousson (Co-Chair)
  • Brad Johnson
  • Sharon Ranson

OFFICERS