Board of Directors
NOVA Chemicals Corporation’s Board of Directors is responsible for:
- protecting the interests of the stakeholders
- providing guidance to management
- monitoring the effectiveness of management’s policies and decisions
- overseeing the execution of the corporation’s strategy
Members of the Board of Directors of NOVA Chemicals Corporation:
His Excellency Suhail Al Mazrouei is the Managing Director of the International Petroleum Investment Company (IPIC) and is NOVA Chemicals’ Chairman of the Board.
Mohamed Al Mehairi is the Director of Investments of IPIC. Mr. Al Mehairi is the Chairman of NOVA Chemicals’ Remuneration Committee and a member of the Audit Committee.
Mark Garrett is the Chief Executive Officer of Borealis AG and is a member of the Remuneration Committee.
Malcolm McKinnon is General Counsel of IPIC and a member of the Remuneration Committee and the Audit Committee.
Pedro Miró is the Chief Executive Officer and a member of the Board of Directors of CEPSA.
Stephen Soules is the President and CEO of Synchronicity Energy and is Chairman of NOVA Chemicals' Audit Committee.
Committees of the Board
The Board has established two standing committees and delegated certain of its responsibilities to each of the Committees. The Audit Committee and the Remuneration Committee each have a charter which delineates their specific responsibilities.
NOVA Chemicals Corporation is committed to maintain a high standard of corporate governance.
All directors, officers, employees and agents of NOVA Chemicals Corporation and its subsidiaries must act in accordance with our Business Conduct Policy - our Code of Conduct
, a comprehensive set of expectations, obligations and responsibilities relating to ethical conduct, conflicts of interest and compliance with law.
In addition, we have adopted a Code of Ethics that applies to our Chief Executive Officer and Senior Financial Officers, which establishes additional expectations, obligations and responsibilities for such officers.