Home » Corporate Governance » Corporate Governance - Committee Composition



NASDAQ CM: TSFG
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09/07/10 4:00 p.m. ET
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Board Committees

Below is a summary of our committee structure and membership information. To read more about any of the committees, click on committee names in the chart below.
Chairperson Chairperson Committee Member Member Financial Expert Financial Expert
 AuditCompensationExecutiveNominating & Corporate GovernanceRisk
J. W.  Davis      
M. Dexter Hagy  Committee Member   Committee Member Committee Member Committee Member
H. Lynn Harton      
William  S.  Hummers, III      
Challis M. Lowe   Chairperson Committee Member   
Jon W. Pritchett  Committee Member   Committee Member   Chairperson
H. Earle Russell, Jr., M.D.   Committee Member    
Edward  J.  Sebastian Financial Expert Chairperson Committee Member    
John C.B. Smith, Jr.
Chairman
 
   Chairperson Chairperson  
William  R.  Timmons, III
Vice Chairman
 
Committee Member   Committee Member Committee Member Committee Member
David  C.  Wakefield, III   Committee Member    Committee Member

Board Committee Descriptions

Executive
Audit
Compensation
Nominating
Risk

Executive
Executive Committee (PDF)

The Executive Committee has the authority to review, guide and take any permissible actions with respect to the business and affairs of TSFG as usually taken by the Board of Directors when the Executive Committee determines that it is appropriate to act prior to the next Board of Directors' meeting.

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Audit
Audit Committee (PDF)

The Audit Committee assists the Board in fulfilling its oversight responsibilities by reviewing the financial reports and other financial information provided by TSFG to any governmental body or the public; TSFG's systems of internal controls regarding finance, accounting, legal compliance and ethics that management and the Board have established; and TSFG's auditing, accounting and financial reporting processes generally.

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Compensation
Compensation Committee (PDF)

The Compensation Committee sets TSFG's compensation policies and makes recommendations regarding senior management compensation.

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Nominating
Nominating & Corporate Governance Committee (PDF)

The Nominating and Corporate Governance Committee recommends nominees for election to the Board and addresses issues of corporate governance. This Committee also considers recommendations for Director nominees from shareholders.

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Risk
Risk Committee (PDF)

The Risk Committee assists the Board in fulfilling its oversight responsibilities with respect to TSFG’s credit, balance sheet, liquidity, and operational risks. It reviews risk reports generated by TSFG’s risk management functions and communicates with other committees, as considered necessary, with respect to risk issues.

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The South Financial Group
PO Box 1029
Greenville, SC 29602

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