Governance Practices
Corporate Governance
- 7 Board members
- 2 independent board members
- 100% tag-along right for all minority shareholders
- Single-class shares with equal voting rights
- Financial results disclosed quarterly according to IFRS standard
- Separate chairman of the board and CEO roles
- At least 4 board of directors meetings held annually
- Board of directors approval of all projects higher than US$5.0 million
- Publication of minutes of board of directors meetings
- Statutory audit committee
- Corporate governance policies approved by the board of directors
- Professional business conduct standards
- Code of ethical conduct
- Disclosure and trading policies
1) Company Corporate Structure and the controlling shareholder
Wilson Sons is controlled by OW Overseas (Investments) Limited, subsidiary of Ocean Wilsons Holding Limited (Ticker: OCN LN), a publicly listed company with its shares being traded at the London Stock Exchange for more than 100 years.
2) Members of the company’s Audit Committee
- Cláudio Frischtak
- José Francisco Gouvêa Vieira
- Mauro Moreira (Coordinator)
3) Members of the company’s Remuneration Committee
- Augusto Cezar Tavares Baião
- Cláudio Frischtak (Coordinator)
- José Francisco Gouvêa Vieira
- Mauro Moreira
4) Members of the company’s Ethics Committee
- Aléa Fiszpan Steinle
- Fernando Deveza (Coordinator)
- Roberta Lourenço do Carvalhal Couto