As a publicly traded company, Kraton has a Board of Directors (Board). With the exception of our President and Chief Executive Officer, all directors are independent under the listing standards of the New York Stock Exchange and the applicable rules of the U.S. Securities and Exchange Commission. We have four standing Board committees.
- Nominating, Governance and Sustainability. Oversees board refreshment and reviews, develops and recommends governance principles applicable to Kraton. This committee also oversees Kraton’s sustainability strategies, initiatives and public reporting on these topics.
- Audit. Fulfills risk oversight, particularly regarding market-based risk, internal controls and financial reporting, and compliance program effectiveness.
- Compensation. Oversees compensation and employment of executive officers and such other employees as the Committee may determine.
- Executive. Focuses on compliance measures to manage the company’s risk profile. Areas covered include health and safety; anti-bribery and anti-corruption; supply chain risk such as anti-slavery and labor rights; international trade and data privacy.
Kraton’s Sustainability Council provides strategic direction and leadership on sustainability directives across global business operations. The council meets quarterly and consists of six key senior leaders from Legal, Operations, Procurement, Commercial,Innovation and Strategy.