Good governance enables everything we do.
After the WillScot Mobile Mini merger, our combined Board of Directors created a roadmap to redirect the company’s governance practices toward propelling our growth strategy. This started with immediately modifying the Nominating and Corporate Governance Committee charter to establish and provide oversight for our ESG strategy and accompanying initiatives.
Additional highlights include conversion of all prior outstanding common stock classes to a single class of Common Stock and the declassification of the Board structure. Details on these and other enhancements to our governance strategy can be found in the 2022 Proxy statement. The Board is continually reviewing and updating its policies to pursue high standards of corporate governance.
Our updated Board Governance Charter seeks diverse candidates for our Board seats. As a result of this work, we are happy to have welcomed two individuals to our Board: Rebecca Owen, sitting on our Compensation and Nominating and Corporate Governance Committees and whose background includes executive leadership roles and board positions at several corporations spanning real estate, capital management, and non-profits; and Erika Davis, sitting on the Compensation Committee and bringing extensive experience in operations, logistics, and human capital management.
This takes the gender diversity of our Board composition from 18% to 36% over the course of the last year. Not only do these new directors represent our commitment to creating a more diverse Board; they bring strong experience to our key areas of Board enhancement. Please see below for more details about our Board diversity.
Managing Enterprise Risk
WillScot Mobile Mini is dedicated to enterprise risk management practices that encompass all levels of our organization.