Whirlpool is committed to operating sustainably and to creating shareholder value over the long-term, and we have a high functioning Board and sound corporate governance structure in place to oversee this commitment. Our Board is comprised of 14 directors from multiple industries, with skills and experiences that align with Whirlpool Corporation’s strategic priorities. Thirteen of our 14 directors are non-employee directors (all except Whirlpool CEO Marc Bitzer) who meet the independence standards under the NYSE listing standards. Mr. Bitzer serves as Board Chair, and Samuel Allen serves as Presiding Director. Each of the Board’s four committees—Audit, Human Resources, Corporate Governance and Nominating, and Finance—is comprised entirely of independent directors. During 2019, our Board met six times. The Corporate Governance and Nominating Committee leads the Board’s annual self-evaluation process and regularly reviews the relevant skill sets for director candidates.
Our Board is committed to overseeing Whirlpool Corporation’s integration of environmental, social, and governance (“ESG”) principles throughout the Company. Senior leaders in our product, sourcing, manufacturing, legal, communications, government relations, and technology functions comprise our Sustainability Steering Committee, which establishes and oversees the Company’s strategic priorities on relevant ESG issues. We have a responsibility to leave the world a better place now and for generations to come and we forge ahead as we’ve always done: doing the right thing, the right way, with integrity.