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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Post by Marine2on Apr 11, 2017 2:26pm
212 Views
Post# 26108241

Company appoints Ms. Decher as lead director ?

Company appoints Ms. Decher as lead director ?

Interesting,, Integra appoints Ms. Decher as lead director of the company in order to maintain Board independence and provide oversight of management

 

 George Salamis as Chairman also shares a 

roll as Senior Management along side of Steve de Jong.

 

Always good to have a independent lead Director like Ms. Decher high profile, good track record to keep Management heading in the right direction.

 

Checks and Balances 

 

Company appoints lead director


The company is also pleased to announce the appointment of Ms. Decher as lead director of the company. Ms. Decher has been a director of the company since March, 2015. Ms. Decher was most recently the vice-president, finance, and assistant secretary for Franco-Nevada Corp. Prior to Franco-Nevada, Ms. Decher was president and chief financial officer for Geoinformatics Exploration Inc., an exploration company focused on projects in British Columbia, Nevada, Mexico and Australia. Ms. Decher is a chartered accountant and a Quebec native.

 

Lead Director Position Description 

If the Chair is not an independent director, the independent directors shall designate from among them a lead independent director. The Lead Director provides leadership to the Board by fulfilling the following duties and responsibilities, which are designed to increase Board effectiveness, maintain Board independence and provide oversight of management: 

1. Review and approve meeting agendas and the annual schedule of meetings;

2. Provide input to the Chair on the quantity, quality and timeliness of information provided to the Board;

3. Call and chair all meetings of the independent directors and apprise the Chair of the issues considered, as appropriate;

4. Preside, in the Chair’s absence, at Board meetings and the annual meeting of stockholders;

5. Help the Chair facilitate full and candid Board discussions, ensure all directors express their views on key Board matters and assist the Board in achieving a consensus;

6. Be authorized to attend all committee meetings, as appropriate;

7. Serve as the liaison between the independent directors and the Chair and Chief Executive Officer;

8. Be available for consultation and direct communication with significant stockholders and other interested parties, if requested;

9. Collaborate with the Human Resources and Compensation Committee on the annual performance evaluation of the Chief Executive Officer;

10. Collaborate with the Nominating and Corporate Governance Committee on the performance and structure of the Board of Directors and its committees, including the performance of individual directors;

11. On behalf of the independent directors, retain such counsel or other advisors as they deem appropriate in the conduct of their duties and responsibilities; and

12. Perform such other duties as the Board may determine from time to time.

M2

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