The Board maintains three standing committees: the Audit Committee; the Corporate Governance & Nominating Committee; and the Organization & Compensation Committee. Assignments to, and chairs of, the standing committees are recommended by the Corporate Governance & Nominating Committee and approved by the Board. All committees report on their activities to the Board. Each standing committee operates under a charter approved by the Board. The charters for each of the standing committees are posted on the Company’s website at www.AerojetRocketdyne.com and are available in print to any stockholder or interested party who sends a written request to Secretary, Aerojet Rocketdyne Holdings, Inc., 222 N. Pacific Coast Highway, Suite 500, El Segundo, California 90245. In addition, non-standing committees of the Board include the Authorization Committee (which was disbanded December 12, 2018) and the Benefits Management Committee.
The following table provides the membership of each standing committee of the Board in 2018:
GOVERNANCE & NOMINATING
|Kevin P. Chilton|
|Thomas A. Corcoran||M||M|
|James R. Henderson||M||C|
|Lance W. Lord||M||M|
|Merrill A. McPeak (1)||M||C|
|James H. Perry (2)||C||M|
M = Committee Member C = Committee Chairman
(1) Gen. McPeak is not standing for re-election at the Annual Meeting.
(2) Mr. Perry resigned from the Board effective November 16, 2018. Mr. Henderson was appointed Chairman of the Audit Committee following Mr. Perry’s departure effective December 12, 2018.