Embedded in our company and our Board of Directors is the deeply held value that continues to guide us: "There is no right way to do a wrong thing." This basic code of conduct underlies the company's long tradition of strong and independent corporate governance.
Whirlpool's Board of Directors is currently comprised of twelve directors, ten of whom are independent directors who are highly regarded individuals with broad and deep business experience and with significant and relevant management experience. The Whirlpool board's principles and processes – which include internal annual reviews of board practices, the board selection process and the company's Code of Ethics – have been in place for many years.
Whirlpool fully supports the steps that have been taken by business and government to ensure that companies have the necessary values and governing principles that will assure trust from all stakeholders.
We are also fortunate to have an experienced leadership team to recruit, mentor and guide our global and diverse work force. These men and women conduct Whirlpool's global business in keeping with our company's vision, values and standards of behavior.