Do you think that the EXS Board of Directors (below) is fulfilling their fiduciary duties to shareholders? (see duties below)
Chris Dupont, P.Eng., President and Director
Jacques Frigon, Director
Geoff Carter, P. Eng., Director
Mario Colantonio, Director
Typical duties of boards of directors include:[4][5]
1. governing the organization by establishing broad policies and objectives;
2. selecting, appointing, supporting and reviewing the performance of the chief executive;
3. ensuring the availability of adequate financial resources;
approving annual budgets;
4. accounting to the stakeholders for the organization's performance;
5. setting the salaries and compensation of company management.
The legal responsibilities of boards and board members vary with the nature of the organization, and with the jurisdiction within which it operates. For companies with publicly trading stock, these responsibilities are typically much more rigorous and complex than for those of other types.