In 2016, the Board of Directors concluded an evaluation by an independent competent third party hired to advise the Board on how it can better follow best practices. Evaluations like this are done every two to three years and focus primarily on Board composition, how it functions, disclosures and interactions between the Board and executive management, and the composition and functioning of the Committees it creates. Board members were invited to provide input on these points during questionnaire-based interviews performed by Spencer Stuart, an external consultant.

The next evaluation of the Board of Directors will be started in 2018.