Accountable Corporate Governance

Effective Risk Oversight & Management Accountability

Sound corporate governance practices help ensure our directors, officers and employees conduct business with fairness, integrity and high ethical standards. They also ensure we deliver consistent and superior returns to our shareholders.

Suspected Wrongdoing?

File a risk-free, anonymous report of actual or suspected activities that may involve criminal conduct or violations to our Code of Ethics by visiting our Ethics Helpline or call 855.502.2070.

Code of Ethics

Ethics Helpline

Governance Highlights

Of the nine directors on our Board of Directors, eight are independent and four are female
Commitment to diversity in recruitment, including gender, age, tenure and experience
Independent Chairman of the Board
Directors elected annually by majority vote
Audit, Nominating, and Corporate Governance and Compensation Committees are made up of independent directors only
Annual evaluation by the Board of each Board member’s independence (except the CEO)
Regular executive sessions of the Board, including with management, internal and external audits, and without the presence of the CEO
Each year, board members are asked to candidly evaluate overall board effectiveness as well as individual directors
Independent compensation consultant assists the Compensation Committee to evaluate executive team compensation
Ongoing Board committee rotation
Board Investment Committee (independent board members only) reviews and approves real estate transactions which meet certain thresholds

Corporate Governance Documents

Board ESG Oversight

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Our Nominating and Corporate Governance Committee is responsible for ESG oversight at the board level, receiving regular updates and reports. The Audit and Compensation Committees also oversee ESG-related responsibilities specific to their committee scope.

This chart illustrates the flow of ESG reporting, as well as core ESG-related responsibilities of each Board committee:

Shareholder Rights & Engagement

Majority vote standard to amend/repeal Bylaw provisions, without subject matter restrictions
No shareholder rights plan, “poison pill” or other takeover defenses
Annual vote on say-on-pay
Majority vote for director elections
Majority standard for shareholders to call a special meeting
Robust and active shareholder engagement program
Shareholder proxy access
No dual class common stock