Examples of Zegna Board in a sentence
Each member of the Audit Committee is required (i) not to have any material relationship with Zegna or to serve as auditors or accountants for Zegna; (ii) to be “independent,” for purposes of the NYSE rules, Rule 10A-3 of the Exchange Act and the DCGC; and (iii) to be “financially literate” and have “accounting or selected financial management expertise” (as determined by the Zegna Board).
Each of Zegna's committee has a written charter, adopted by the Zegna Board.
No meeting was held in 2021 after the date of his/her election to Zegna Board.
In the event of a tied vote, the proposal is rejected, unless the Zegna Board Regulations provide otherwise.
In accordance with the Zegna Board Regulations, the Zegna Board shall develop a strategy for long-term value creation by the Company and the Business and shall approve, monitor and assess the implementation and execution of such strategy.
Each Zegna Director has one vote.Pursuant to the Zegna Board Regulations, the Zegna Board will only adopt resolutions at a meeting if the majority of the directors entitled to vote is present or represented at the meeting.
If this is not possible, resolutions are adopted by a majority of votes cast, unless provided otherwise by the Zegna Board Regulations.
No Audit Committee member may serve on more than four audit committees for other public companies, absent a waiver from the Zegna Board which must be disclosed in Zegna’s annual report.
The Zegna Board shall focus on long-term value creation for the Company and the business and take into account the stakeholder interests that are relevant in this context.