Home > Investor Relations >

Committee Composition

The Board of Directors established two standing committees to assist with the duties and responsibilities associated with meeting applicable statutory requirements.

Audit Committee

Currently, Keith Engel leads the Audit Committee. The Committee meets quarterly to review and approve financial statements, review internal controls, and receive reports from CPC's independent auditors. In addition, the Committee annually recommends to the Board of Directors the nomination of the external auditors to be appointed by the Shareholders and maintains direct communication with such auditors.

Compensation Committee

The Compensation Committee consists of Mr. Larry Moeller, Committee Chair, and Mr. Keith Engel. The Committee meets throughout the year to deal with matters such as executive compensation and other governance issues.

This Committee is charged with the establishment and periodic review of the Corporation's compensation philosophy, the compensation and performance standards of the Officers and the approval of executive compensation disclosure.