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Corporate Governance
Discipline keeps our business on track.
Many of the fundamentals we use in serving our customers efficiently and effectively—such as careful application of processes and controls—apply to the way we govern our overall business.
Burlington Northern Santa Fe Corporation, publicly traded parent company of BNSF Railway, has extensive guidelines for corporate governance that address a number of essential areas involving our board of directors, including:
- Size, selection process, compensation, training and membership criteria
- Meetings, agenda and board member access to management and independent advisors
- Committee structure and activity
- Performance evaluation
Careful adherence to the strict requirements of regulatory bodies is not enough in today's era of heightened corporate responsibility. Our company committed to solid, documented and transparent governance long before these features were placed in the spotlight, and this approach will remain central to our way of doing business in the future.
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