SRHI's Board of Directors is committed to thorough and effective corporate governance standards. SRHI 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 SRHI's governance policies and practices and is committed to delivering value to shareholders as it assumes the explicit responsibility of stewardship of SRHI.
The Board of Directors is comprised of five directors, all of whom are independent directors other than Mr. Terrence A. Lyons. The following are independent: Mr. Lenard F. Boggio, Ms. Joan E. Dunne, Mr. David Smith and Mr. Bo Liu. Mr. Lyons, who has been appointed interim CEO was previously an independent director and has also been appointed as Chair of the Board. Mr. Boggio was appointed Lead Director shortly after SRHI's annual general meeting on June 23, 2020.