Each Director attended at least 75% of the total number of board meetings and meetings held by the board committees on which he or she served during 2014.
The Board of Directors met in executive session, without any member of management in attendance, seven times during 2014.
It is the policy of the Board of Directors that the Directors attend the annual meeting of the shareholders. All directors attended the May 2015 annual meeting.
The Board of Directors conducts a self-assessment of its performance each year.
The Board of Directors has concluded that all non-employee directors are independent in accordance with the New York Stock Exchange standards and the standards of independence set forth in the Governance Principles.
The Inspectors of Election at the May 2015 annual meeting reported voting results as follows: There were 201,666,157 shares of Common Stock and Common Equivalent entitled to vote at the meeting and a total of 174,424,151 shares or 86.34% of those shares were represented at the meeting.