Investor Relations
Corporate Governance
Hiring Policy for Employees of Outside Auditor
An individual who has been employed by the independent accountants cannot be hired into the following positions at the Company until a two year "cooling off" period has elapsed:
- Chief Executive Officer and all direct report positions (including but not limited to business segment Presidents, General Counsel, Chief Financial Officer)
- Chief Financial Officer and all direct report positions (including but not limited to Corporate Controller, Treasurer, General Tax Counsel, General Auditor, VP Corporate Development)
- Business segment VP of Finance positions
- All U.S. accounting and finance director positions and above
- All non-U.S. accounting and finance director and above positions for locations with revenues in excess of $10 million or assets in excess of $5 million
The "cooling off" period may be waived if the individual did not perform work on:
- the audit of the financial statements;
- statutory financial statements;
- employee benefit plans; or
- the quarterly review of the Company within the previous two years.