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Southport's Board of Directors set in place a clear and strong system of governance that enables the organization to function efficiently. The Board implements its responsibility for managing Southport Group’s business and affairs by delegating authority to the Chief Executive Officer (CEO).
With the Board’s mandate, the CEO and management team manage all aspects of Southport’s business and affairs, carry out strategic plans, achieve established goals and objectives, and report regularly on their progress to the Board and its committees. To assist in implementing its duties, Southport’s Board of Directors has established committees (each Board Member participates in at least one of these committees, and each committee is comprised of at least three members). The mandate of each committee is as follows: • The Governance Committee: To assist the Board in matters relating to the appointment of directors and the governance of the organization (Jack Wilson, Chair; Henry Borger, Paulette Connery and Andy Fletcher; Hayden Henwood, Ex-Officio). • The Audit Committee: To ensure due diligence is directed towards the control, accountability and reporting functions of Southport, including financial statements (Sheldon Hiltz, Chair; Ray Henault, Judy Saxby and Dave King; Hayden Henwood, Ex-Officio). NOTE: Tasks forces are formed as required to address specific issues.
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