Board Committees

Assisting in the Discharge of Duties

The Board has established an Audit Committee, a Reserve Committee, a Human Resources and Compensation Committee, a Policy and Board Governance Committee and a Risk Committee to assist in the discharge of its duties. All of the committees are comprised of unrelated directors and report to the Board of Directors of ARC Resources Ltd.

 

Audit
Committee
Safety
Reserves &
Operational Excellence
Committee
Human
Resources &
Compensation
Committee
Policy &
Board
Governance
Committee


Risk
Committee
David Collyer - X X (Chair) - -
John Dielwart - X (Chair) - - X
Fred Dyment - - - X X
James Houck X - - - X
Harold Kvisle - - - - -
Kathleen O’Neill X (Chair) - - X -
Herb Pinder - - X X (Chair) -
Bill Sembo - - X - -
Nancy Smith X - - - X (Chair)
Myron Stadnyk - - - - -

View the Mandate of the Board of Directors.
View the Terms of Reference for Chairman of the Board.
View the Terms of Reference for the Chief Executive Officer.

[ACCORDION]

  • Audit Committee

    Members: Kathleen O'Neill (Chair), Nancy Smith and Bill Sembo all of whom are unrelated directors.

    The Audit Committee assists the board in fulfilling its oversight responsibilities with respect to the integrity and completeness of the annual and quarterly financial statements provided to shareholders and regulatory bodies; compliance with accounting and finance based legal and regulatory requirements; ensuring the independence of the external auditor, accounting systems and procedures and recommending, for board of director approval, the audited financial statements and other mandatory releases containing financial information.

    Read the Mandate of the Audit Committee.
    Read the Terms of Reference for the Audit Committee Chair.

  • Safety, Reserves and Operational Excellence Committee

    Members: John Dielwart (Chair), James Houck and David Collyer

    The Safety, Reserves and Operational Excellence Committee assists the board in fulfilling its oversight responsibilities with respect to: health, safety, environment and sustainability; assessment and reporting of reserves and resources; evaluations of acquisitions and other material transactions; and operational execution excellence.

    Read the Mandate of the Safety, Reserves and Operational Excellence Committee.
    Read the Terms of Reference for the Safety, Reserves and Operational Excellence Committee Chair.

  • Human Resources and Compensation Committee

    Members: David Collyer (Chair),  Bill Sembo and Herb Pinder all of whom are unrelated directors.

    The Human Resources and Compensation Committee assists the board in fulfilling its oversight responsibilities with respect to: overall human resource policies and procedures; the compensation program for the organization and in consultation with the board, undertake an annual performance review with the President and CEO, and review the CEO appraisal of Officers’ performance.

    Read the Mandate of the Human Resources & Compensation Committee.
    Read the Terms of Reference for the Human Resources & Compensation Committee Chair.

  • Policy and Board Governance Committee

    Members: Herb Pinder (Chair), Fred Dyment and Kathleen O'Neill all of whom are unrelated directors.

    The Policy and Board Governance Committee assists the board in fulfilling its oversight responsibilities with respect to: reviewing the effectiveness of the board and its committees; to develop and review the Corporation’s approach to corporate governance matters; to develop and recommend to the board for approval and periodically review structures and procedures designed to ensure that the board can function independently of management; and to recruit and recommend new members to fill board vacancies as required giving consideration to the competencies, skills and personal qualities of the candidates and of the existing board.

    Read the Mandate of the Policy and Board Governance Committee.
    Read the Terms of Reference for the Policy and Board Governance Committee Chair.

  • Risk Committee

    Members: Nancy Smith (Chair), Fred Dyment, James Houck and John Dielwart all of whom are unrelated directors.

    The Risk Committee assists the board in fulfilling its oversight responsibilities with respect to: identifying, reviewing and mitigating business, financial and other organizational risks; reviewing the financial exposures and commitments generated by the corporation; reviewing the corporate insurance program and ensuring all risk management guidelines and policies adequately cover the corporation’s activities.

    Read the Mandate of the Risk Committee.
    Read the Terms of Reference for the Risk Committee Chair.

ARC Resources Ltd.

1200, 308 - 4th Avenue S.W. Calgary, Alberta, Canada T2P 0H7

Tel: 403-503-8600 Toll Free: 1-888-272-4900