Our Commitments
Our corporate governance practices and policies reflect Alaska Communications' strong commitment to our stockholders, community and employees. We are committed to exercising the highest level of ethical standards in everything we do.
On this page, you may access our current Certificate of Incorporation and Amended and Restated Bylaws. In addition, you will find the current charters for the various committees of the board of directors, our Code of Ethics, and a description of any exceptions Alaska Communications may make to the policy for senior executives or board members.
Our Board of Directors
Our Board of Directors has six members. Five of our directors meet all of the independence requirements of NASDAQ® and the U.S. Securities and Exchange Commission.
Board Committees
Our board has three committees, the Audit, Compensation and Personnel, and Nominating and Corporate Governance.
Each of the standing committees of the board, operate under a written charter, which are as follows:
Committee Structure and
Independent Director Membership
| Board Member | Audit Committee | Compensation & Personnel |
Nominating & Corporate Governance |
|---|---|---|---|
David W. Karp Chairman of the Board of Directors |
- | - |  |
| Peter D. Aquino | |
- | |
| Wayne Barr, Jr. | - | |
|
| Peter D. Ley | |
|
- |
| Brian A. Ross | |
|
- |
|
CHAIR | MEMBER |
|||
Board Self-Evaluation
Our board of directors conducts an annual evaluation of its overall effectiveness and the effectiveness of each committee. The Nominating and Corporate Governance Committee, using an evaluation questionnaire administered by the General Counsel and Secretary, manages this process. The Chair of the Nominating & Governance Committee reviews the feedback and uses the information to implement changes or improvements in the functioning of the board.
The evaluation process addresses subjects including, but not limited to:
- Board structure and composition;
- Board independence, commitment and accountability;
- Board involvement in setting strategy and monitoring its execution;
- Board oversight of management and involvement in management succession planning;
- The board’s focus on the most critical issues and risks;
- Clarity between the roles of the board and management;
- Adequacy of access to information, employees and experts in a timely manner; and
- The appropriateness of committee charters, and the functioning of the committees with respect to those charters.
We believe our success is fundamentally based on openness, honesty, and adherence to these core values.
Governance Policies
We have adopted both a Code of Ethics and a Conflicts of Interest and Related Party Transaction Approval Policy.
Our Board of Directors has adopted Corporate Governance Principles in furtherance of the Board’s and management’s continuing efforts to enhance our corporate governance, transparency, and accountability to stockholders.
Code of Ethics Waivers
Waivers of the Code of Ethics for Directors, Executive Officers, or Senior Financial Advisors: (none to date).
Disclosure Policy
We have adopted a Disclosure Policy, detailing our Investor Communications Policy, to set forth our policies and practices on corporate disclosure.