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Competencies and Independence

Our Board’s Competencies and Why They Matter


Director Competencies/Attributes Why It Matters to Shareholders Our Directors
Knowledge of the Consumer Goods Industry Our brands are our business.

Directors who understand the consumer goods industry and have experience in brand-building, global supply chain, global marketing and retailing help guide management in assessing emerging trends and external competition.
Have broad and deep industry experience and the seasoned judgment that comes from that wealth of experience.
Leadership Service in leadership roles at large, complex organizations enables directors to contribute valuable insights into decisions on strategy, talent, compensation and risk management and to constructively challenge management to elevate decision-making. Bring a range of leadership experiences and judgment developed during their years of service at various large, complex organizations.
Accounting/Finance/Capital Allocation A robust understanding of corporate finance, financial controls and external reporting enables directors to safeguard assets, efficiently allocate capital and effectively oversee the processes that provide shareholders with information about the company's results of operations, risk and prospects. Have the skills, experience and judgment to bring to bear on complex questions of corporate finance, controls, capital allocation, disclosure and risk management.
Product and Business Innovation/Evolution The business landscape is always evolving.

Innovative products and business solutions power our growth. Forward-thinking directors help the company anticipate and take advantage of new opportunities, address emerging risks and foster sustainable business practices.
Foster innovation, growth and sustainable business practices while advising on the navigation of complex, evolving landscapes.
Global Perspective Directors with global perspectives and experience help the Board make sound decisions regarding our global strategy as well as regarding actions in the many and varied markets in which we operate. Have led and advised organizations with significant international operations or regional or global divisions of global companies.

Independence of Directors
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