29. The Company is administered by a board of directors composed of 9 to 15 members, including the chair of the board and the president and chief executive officer.
At least the majority of the board members, including the chair, must qualify as independent directors in the opinion of the Government.
The majority of the board members must be from the area covered by the Northern Plan.
The Government appoints the members of the board of directors, other than the chair and the president and chief executive officer, based on the expertise and experience profiles approved by the board, and on their interest in and knowledge of the northern environment.
Those members are appointed for a term of up to four years.