Governance

Policies

Transeastern Power Trust requires all its representatives (consultants, employees, officers and directors) to fulfill their responsibilities consistently, honestly and fairly. That includes complying with all applicable laws and regulations, guided by the following Transeastern policies:

Audit and Risk Committee Charter
Code of Business Conduct
Compensation Committee Charter
Insider Trading Policy
Corporate Governance and Nominating Committee Charter

Board Committees

Transeastern’s Board of Directors has appointed the following committees and charged them with oversight in their respective areas of responsibility:

  • Audit Committee: Responsible for overseeing: accounting and financial reporting; internal controls and management information; risks and risk management; the external audit process; and compliance with all applicable laws and regulations.
  • Compensation Committee: Responsible for overseeing the compensation of Transeastern’s executive management and Board.
  • Governance and Nominating Committee: Responsible for governance issues, such as: recommending new Board candidates and committee nominees; assessing the effectiveness of the Board, its committees and members; and orienting new members and advising on Board compensation matters.