Governance2018-08-22T10:23:06+00:00

Tourmaline’s Board of Directors is committed to the highest standards of corporate governance

Tourmaline’s Board of Directors is committed to playing an active role in supporting the realization of the Company’s strategy through upholding the highest standards of corporate governance and fulfilling its duties of stewardship and accountability.

The oversight role of Tourmaline’s Board of Directors encompasses strategic planning processes, risk management, communication with investors and other stakeholders, and standards of business conduct. The Board is also responsible for selecting, monitoring and evaluating executive leadership and aligning management’s decision-making with long-term shareholder interest.

Tourmaline’s Board of Directors consists of 10 directors, 8 of whom are independent. The role of Lead Director is assumed by an independent director and is separate from the role of chief executive officer. All Board committees are comprised entirely of independent directors.

Board Committees

The Board has established an Audit Committee, a Reserves Committee, a Compensation Committee, a Corporate Governance and Nominating Committee and an Environment, Sustainability and Safety Committee to assist in the discharge of its duties. All of the committees are comprised entirely of independent directors and report to the Board of Directors of Tourmaline.

DIRECTORS

AUDIT COMMITTEE

COMPENSATION
COMMITTEE

CORPORATE
GOVERNANCE
AND NOMINATING
COMMITTEE

RESERVES
COMMITTEE

ENVIRONMENT,
SUSTAINABILITY
AND SAFETY
COMMITTEE

Jill T. Angevine

Chair

William D. Armstrong

Lee A. Baker

Chair

John W. Elick

Phillip A. Lamoreaux

Andrew B. MacDonald
(Lead Independent Director)

Chair

Ronald C. Wigham

Chair

Lucy M. Miller

Chair

Non-Independent Directors

Michael L. Rose
(Chairman of the Board)

Brian G. Robinson

Business Code of Conduct and Ethics

Ethical business practices are fundamental to Tourmaline’s business. We believe each employee and contractor is responsible for ensuring Tourmaline conducts business in a safe, fair, respectful and lawful manner.

Tourmaline’s Code of Business Conduct and Ethics is an important part of this commitment. It requires all Tourmaline employees, contract staff and directors to familiarize themselves annually with the company’s Code of Business Conduct and Ethics and affirm they have complied with those policies during the preceding calendar year.