The Chief Executive Officer is responsible for the day-to-day operations of NuVista in accordance with the strategies and objectives approved by the Board, which are designed to maximize shareholder value, taking into account available opportunities and the risks of the business. The Chief Executive Officer is responsible for implementing the business plan, which is reviewed and approved by the Board. The Chief Executive Officer’s position description also sets out specific responsibilities with respect to personal ethics and integrity, leadership and organizational planning, management development and succession planning, board relations and communication and stakeholder relations.
NuVista has developed the following position descriptions for the Chief Executive Officer, the Chair of the Board and the Committee Chairs.
Chief Executive Officer
Chair of the Board
The Chair of the Board is responsible for managing the affairs of the Board, ensuring the Board is organized properly, functions effectively and meets its obligations and responsibilities, including those matters set forth in the mandate of the Board.
The Board of NuVista has established four committees: an Audit Committee, a Corporate Governance and Compensation Committee, an Environmental, Social and Governance Committee and a Reserves Committee. The Chair of each Committee, who also is an independent director, is responsible for managing the affairs of the Committee, ensuring the Committee is organized properly, functions effectively and meets its obligations and responsibilities, including those matters set forth in the mandate of the Committee.