Corporate Governance
Structural Monitoring Systems’ business is conducted by its employees and executive team with oversight from the Board of Directors.
The Board periodically reviews the Company’s corporate governance principles and current practices to ensure they remain relevant, robust and up to date.
The Board and the corporate officers recognize that the long-term interests of the company are advanced when they are responsive to the concerns of communities, customers, employees, public officials, shareholders and suppliers.
Directors agree to comply with the Corporate Governance Principles as well as all other applicable publicly disclosed corporate governance, ethics, conflict of interest, confidentiality, stock ownership and trading policies, and guidelines of the Company. Compliance, including anti-corruption topics, is discussed periodically with the Board.
The primary responsibility of the Structural Monitoring Systems (SMS) Board is to represent and advance Shareholders’ interests and to protect the interests of all stakeholders. To fulfill this role, the Board is responsible for the overall Corporate Governance of SMS, including its strategic direction, establishing goals for management and monitoring the achievement of these goals.