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, Dorel's Board of Directors made a number of decisions with respect to corporate governance practices, including the adoption of two Board Committees (Audit and Human Resources and Corporate Governance) comprised solely of non-related 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 2016 Management Proxy Circular. (PDF format, 216 KB)

Board of Directors

Board of 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:

  • Alain Benedetti, FCPA, FCA (Chairperson)
  • Michelle Cormier
  • Rupert Duschene

Human Resources and Compensation Committee

Responsible for considering terms of executive employment, including matters of compensation, and recommending rewards under the Company's Stock Option Plan. None of the members of the Human Resources and Compensation Committee is an officer or employee of the Company or any of its subsidiaries.

Members:

  • Maurice Tousson (Chairperson)
  • Alain Benedetti, FCPA, FCA
  • Dian Cohen

Corporate Governance and Nominating Committee

Responsible for recommending the appointment of officers to the Board of Directors and all corporate governance matters. None of the members of the Corporate Governance and Nominating Committee is an officer or employee of the Company or any of its subsidiaries.

Members:

  • Dian Cohen (Chairperson)
  • Michelle Cormier
  • Rupert Duchesne

Officers