Corporate Governance
Good governance is essential for our long-term success and ability to grow. We strive to follow best practices and meet or exceed regulatory requirements.
Hudbay’s Board of Directors supervises the Company’s management and business affairs while maintaining the highest standards of ethical conduct and acting in the best interests of the Company and its shareholders. The Board fulfills its responsibilities directly and through five committees:
- Audit
- Compensation and Human Resources
- Corporate Governance and Nominating
- Environmental, Health, Safety and Sustainability
- Technical
Board members are selected based on criteria that include: judgment, character, expertise, skills and knowledge useful to the oversight of the Company’s business; diversity of viewpoints, backgrounds, experiences and other demographics, including gender; business or other relevant experience; and the overall composition of the Board. See our Management Information Circular to learn more.
Board of Directors
Alan R. Hibben*
Chair
Corporate Governance and Nominating Committee (Chair)
Carol T. Banducci*
Audit Committee
Igor Gonzales*
Technical Committee
Environmental, Health, Safety and Sustainability Committee
Tom A. Goodman* **
Environmental, Health, Safety and Sustainability Committee (Chair)
Audit Committee
Alan Hair
President and Chief Executive Officer
W. Warren Holmes*
Chairman
Corporate Governance and Nominating Committee
Technical Committee
Sarah B. Kavanagh*
Audit Committee (Chair)
Corporate Governance and Nominating Committee
Carin S. Knickel*
Compensation and Human Resources Committee (Chair)
Environmental, Health, Safety and Sustainability Committee
Alan J. Lenczner*
Audit Committee
Compensation and Human Resources Committee
Kenneth G. Stowe*
Technical Committee (Chair)
Compensation and Human Resources Committee
* Independent
** Tom A. Goodman, who has been a director since 2012, is not standing for re-election at our Annual and Special Meeting of Shareholders on May 3, 2018. We would like to thank Mr. Goodman for his dedicated service to the Board since 2012 and to Hudbay generally for over 40 years. In connection with the departure of Mr. Goodman, the Corporate Governance and Nominating Committee recommended, and the Board has nominated, Colin Osborne for election to the Board. Mr. Osborne’s 20 years of broad experience in the metals and manufacturing industry will increase the depth of technical, mining and operations expertise on the Board and be of great value as we continue to seek to optimize our operations and grow the business.