The Board, among other things, oversees management in the conduct of our businesses and management’s efforts to establish and maintain high standards of legal and ethical conduct; reviews and, where appropriate, approves, the company’s major business strategies, capital deployment and long-term plans and reviews its performance; selects, evaluates and sets the compensation for the chief executive officer and other senior officers and plans for management succession; oversees management’s efforts in regard to accounting, financial reporting and financial and other controls; oversees the company’s risk management policies and practices; recommends appropriate candidates for election as directors; and oversees other aspects of our corporate citizenship programs and practices.