When a company submits an Outside Director, Proxy Holder or Trustee nomination, is the nominee automatically approved?
No. DSS must approve the nomination, and approval is granted only after DSS has reviewed and considered the nominee’s resume and the answers to a questionnaire that the nominee will be asked to complete. A copy of each nominee’s resume should be provided to DSS Headquarters along with his/her address, telephone, fax number, and email address when requesting approval.
