Corporate Governance - Highlights
Akamai is committed to conducting our business with the highest level of ethics and integrity and in compliance with all applicable laws and regulations.
Akamai expects all of our executive officers and managers to be leaders in adhering to high ethical standards and all employees to follow suit. We strive to deal honestly and fairly with all parties with whom we interact in the course of our business. To formalize this commitment, Akamai has adopted a Code of Business Ethics that applies to all of our employees.
Akamai is also committed to maintaining a majority-independent Board of Directors that effectively represents the interests of our stockholders and promotes sound corporate governance and ethical behavior by the members of the Board and our employees. We believe that fundamental principles of corporate governance are critical to obtaining and retaining the trust of our investors.
Please download and read a copy of our Corporate Governance Guidelines.
The Board of Directors has three standing committees: the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Each of these committees is comprised solely of independent directors.
The Audit Committee reviews the professional services provided by our independent accountants, the independence of such accountants from our management, our annual financial statements and our system of internal accounting controls.
The Compensation Committee determines the compensation of our Chief Executive Officer, administers our bonus, incentive compensation and stock plans, approves stock option grants and approves the salaries and other benefits of our executive officers.
The Finance Committee reviews and provides oversight of our capital structure, corporate finance strategy and activities, treasury and investment activities, acquisitions and other strategic transactions, retirement programs, and insurance program. It also advises management on operational improvement plans it adopts.
The Nominating and Corporate Governance Committee's responsibilities include identifying individuals qualified to become members of our Board of Directors; recommending to the full Board of Directors the persons to be nominated for election as directors and to each of its committees; and reviewing and making recommendations to the Board of Directors with respect to management succession planning.