What is Ventass position on corporate governance?
Ventas is committed to adopting and complying with “best practices” in corporate governance. It exhibits that commitment in several ways. Well ahead of new NYSE rules and Sarbanes-Oxley requirements, the Company’s Board of Directors was composed of a majority of independent members. By the middle of 2002 it had reconfigured its three key committees — audit, compensation and government — to meet the stringent standards now imposed on public corporations. In January of 2003, Ventas named Board member Douglas Crocker II as presiding director to chair its regularly scheduled executive sessions among Ventas’s independent directors. The Company believes in open and honest communications and it uses its website and news releases to keep its shareholders fully apprised of important activities and developments.
