Corporate Governance
Sprott’s Board of Directors is committed to thorough and effective corporate governance standards. The Company believes that sound corporate governance practices are in the interest of all stakeholders and contributes to prudent and effective decision-making by both the Board and Management. The Board regularly reviews and monitors Sprott’s governance policies and practices and is committed to delivering value to shareholders as it assumes the explicit responsibility of stewardship of the Company.
The Board of Directors is comprised of seven directors, a majority of whom are independent directors. The following are independent: Messrs. Lee, McCain, Roddy and Faber. The following are not independent: Mr. Sprott (who is Chairman of the Company and Chief Executive Officer of Sprott Asset Management); Mr. Grosskopf (who is Chief Executive Officer of the Company); and Mr. Jacobs (who is Director of Small Cap Investments of Sprott Asset Management). Mr. Lee, an independent director, has been appointed as lead director.
Committees and Committee Members
Audit Committee
Jack C. Lee
James T. Roddy
Marc Faber
Compensation Committee
Jack C. Lee
James T. Roddy
Mark McCain
Corporate Governance and Nominating Committee
Jack C. Lee
James T. Roddy
Mark McCain
Board and Committee Mandates