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
President and Chief Executive Officer of the Company and of Sprott Asset
Management); Mr. Hodson (who is a Senior Portfolio Manager of Sprott Asset
Management); and Mr. Jacobs (who is Director of Small Cap Investments of Sprott
Asset Management). Mr. Lee, an independent director, has been appointed as
Chairman.
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