Corporate Governance
HaiCo's Operating Structure
HaiCo is governed by a Board of Directors recommended for appointment by a Committee of Nominators. Selection of board nominees is based on criteria that include business backgrounds and other necessary skills. The major role of the board is to select a Chief Executive Officer and ensure sound governance and direction for the company in meeting its Strategic Plan Goals.
A Letter of Expectation between the Council of the Haida Nation and HaiCo outlines the respective roles and responsibilities of each party, providing the basis of agreement on corporate mandate including high-level performance expectations, policy issues and strategic priorities.
The Haida Enterprise Corporation IS COMMITTED TO conductING affairs in an open, frank, and candid manner without compromising business objectives.
Transparency
HaiCo will conduct its affairs in an open, frank, and candid manner without compromising its business objectives.
Accountability
Policies and procedures focus on ensuring that all individuals are held accountable for their decisions and subsequent actions.
Efficiency
Operating with a focus on producing the desired effects with minimal effort, expense or waste, meaning the company will manage and operate with the minimum of full-time staff needed to efficiently conduct affairs.
Fiscal Discipline
Board and staff development of budgets and financial forecasts of positive surplus of net profits from HaiCo’s operations on a long-term basis.
Clarity
In all aspects of its operations, the Haida Enterprise Corporation will conduct its business in an open and transparent manner.
CONFIDENTIALITY
Proceedings of the Board and its minutes will remain confidential to the corporation with the Chair of the Board retaining responsibility for communicating with the Shareholder and third parties.