Corporate Governance
Corporate governance policies are an essential element of the baseline practices necessary for companies to operate successfully, and such policies are taken seriously at Fresh Del Monte Produce Inc., the publicly-traded (NYSE: FDP) ultimate parent company of the Del Monte Fresh Produce companies. Corporate Governance defines the rights and responsibilities of the Del Monte Fresh Produce companies and their boards, auditors and shareholders and explains the principles and procedures underlying corporate life.
The shareholders' role in corporate governance, among other things, is to appoint directors and ratify the annual appointment of the Company's independent auditors. The Board of Directors is responsible for establishing broad corporate policies and for overseeing the overall The Board of Directors also sets the tone for ethical business conduct.
In today's environment of heightened governance standards, the Directors of Fresh Del Monte Produce Inc. take their responsibilities seriously knowing that establishing these standards will help contribute to the success of the Company.