The Business Roundtable Inc

“A total of twenty-three persons served on the board of directors during the calendar year. Those twenty-three are shown in part vii of form 990. As of december 31, 2015 there were a total of nineteen voting board members serving the organization as disclosed in part vi, lines 1a & 1b, and part i, lines 3 & 4.”

“Due to the size and diversity of the members of the business roundtable, we assume that directors may have family and/or business relationships with other directors.”

“Business roundtable is an association of chief executive officers. The chief executive officer is the member, and he/she represents the company.”

“The members of business roundtable elect a chairman and the vice chairs of the organization.”

“The nominating committee chair shall consult with the chair of the business roundtable on the slate of nominees for chair and vice chairs of the business roundtable, and perform other duties as assigned by the chair of the business roundtable.”

“Business roundtable's form 990 is prepared by an independent professional services firm and reviewed by senior management before it is filed with the irs.”

“The business roundtable regularly and consistently monitors and enforces compliance with the conflict of interest policy. During the annual budget process, all vendors are reviewed by all staff, allowing any conflicts of interest to be discovered, disclosed and resolved. If conflicts of interest arise, the conflicted individual(s) is recused from decision making/expense approval relating to the specific vendor(s)/person(s).”

“The process for determining the compensation of the top management official (president) includes an independent review and approval based on performance and comparablility data. Compensation decisions approved by the chair are also reviewed by the executive committee (governing body) on an annual basis. The business roundtable participates and receives an annual ceo compensation and benefits survey with comparability data.”

“Business roundtable makes its financial statements (form 990) available upon written request to the public. Business roundtable's articles of association and conflict of interest policy are not publicly available.”

“The business roundtable uses modified cash basis.”