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MID PENN BANCORP, INC. Nominating and Corporate Governance Committee Policy and CharterLast Date of Board Review/Approval: 3/11/2024Original Board Approval Date: 06/25/03 Person Responsible for Policy:
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Nominating and corporate refers to the process of nominating candidates for corporate positions, such as board members or officers, within a company.
Companies are required to file nominating and corporate disclosures with regulatory authorities, such as the Securities and Exchange Commission (SEC), in order to provide transparency to shareholders and stakeholders.
To fill out nominating and corporate disclosures, companies must provide information about the nominated candidates, their qualifications, and any potential conflicts of interest.
The purpose of nominating and corporate disclosures is to ensure that companies have a transparent and accountable process for selecting corporate leaders, and to inform shareholders and stakeholders about the qualifications and potential conflicts of interest of candidates.
Information reported on nominating and corporate disclosures typically includes the names and backgrounds of nominated candidates, any relationships between candidates and company executives, and any potential conflicts of interest.
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