Company: ALIT
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001809104-25-000159
Chunk: 39

Company: Alight, Inc. / Delaware
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 39
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 certain transactions with Starboard (as defined herein) and the Sponsor Investors (as defined herein) and their affiliates as described in the “Certain Relationships and Related Person Transactions” section of this Proxy Statement. Management Succession Planning The Nominating and Corporate Governance Committee may periodically review a succession plan relating to the CEO and other executives that report to the CEO that is developed by management. The succession plan will include, among other things, an assessment of the experience, performance, and skills for possible successors to the CEO. The Nominating and Corporate Governance Committee will from time to time make recommendations to the Board with respect to the selection of individuals to occupy these positions. In the summer of 2024, the Nominating and Corporate Governance Committee played an integral role in evaluating and ultimately recommending a successor for our former CEO. The committee evaluated Mr. Guilmette’s immediate contributions to the Board as well as his background and experience discussed further under his biographical information under the heading “Proposal No. 1 – Election of Directors,” and accordingly appointed him to succeed our former CEO on August 20, 2024. Board and Committee Self-Evaluations Our Board conducts an annual self-evaluation of itself and its committees to assess its effectiveness and identify opportunities for improvement. Our Board believes that this process supports continuous improvement and provides opportunities to strengthen Board and committee effectiveness. Director Nomination and Search Process The Nominating and Corporate Governance Committee is responsible for reviewing the qualifications of potential director candidates and selecting or recommending for the Board’s selection those candidates to be nominated for election to the Board. This process may be subject to any obligations and procedures governing the nomination of directors to the Board set forth in our Investor Rights Agreement (see the “Certain Relationships and Related Person Transactions - Investor Rights Agreement” section of this Proxy Statement) as well as the Cooperation Agreement (see the “Proposal No. 1: Election of Directors - Cooperation Agreement” section of this Proxy Statement). The Nominating and Corporate Governance Committee and the Board considers various factors including: strength of character, mature judgment, familiarity with the Company’s business and industry, independence of thought, an ability to work collegially with the other members of the Board, diversity of age, gender, nationality, race, ethnicity, and sexual orientation, existing commitments to other businesses, potential conflicts of interest with other pursuits, legal considerations, corporate governance background, career experience, relevant technical skills or business acumen, and the size, composition and combined expertise of the existing Board. The Board monitors the mix of specific experience