Talisman Energy Inc. About Us Operations Investors News Corporate Responsibility HSE Careers About Us :: Governance :: Board Committees Members: Donald J. Carty (Chair), Brian Levitt, Lisa A. Stewart, and Peter W. Tomsett. Primary roles and responsibilities: reviewing succession plans for key management positions within the Company and its subsidiaries; reviewing and making recommendations to the Board as to the election or appointment of executive officers of the Company; reviewing management development policies and practices and staffing plans in the Company; reviewing and recommending to the Board for approval the compensation and benefit policies of the Company and its subsidiaries, the terms and conditions of employee benefit plans, including incentive-compensation plans and equity-based compensation plans; leading the process for assessing the performance of the Chief Executive Officer; developing a written position description for the Company’s Chief Executive Officer and reviewing the employment agreements and annual performance contracts of the Chief Executive Officer and executive officers; reviewing and approving the compensation levels of executive officers. In considering the Chief Executive Officer's compensation level, the Committee reviews and approves the corporate goals and objectives relevant to the Chief Executive Officer's compensation, evaluates the Chief Executive Officer's performance in light of those goals and objectives, and determines and approves the Chief Executive Officer's compensation level based on this evaluation; reviewing and approving employee stock option grants in accordance with the terms of the Employee Stock Option Plan; reviewing human resource strategies and policies; producing and reviewing the Company’s disclosure of executive compensation; and in respect of matters within the Management Succession and Compensation Committee’s purview and delegation, assisting the Board in its oversight of the Company’s compliance with legal and regulatory requirements. Read the various Terms of Reference for Talisman's Board of Directors. Governance Board Committees Audit Committee Governance and Nominating Committee Health, Safety, Environment and Corporate Responsibility Committee Human Resources Committee Reserves Committee Talisman Energy Inc. Suite 2000, 888 - 3 Street SW Calgary, Alberta Canada T2P 5C5 Tel: +403 237 1234 Fax: +403 237 1902 tlm@talisman-energy.com POLICY ON BUSINESS CONDUCT & ETHICS Read our Policy on Business Conduct and Ethics. NEWS RELEASES Read our latest news release. ALERTS EVENTS FEEDBACK REQUEST INFORMATION © 2014 Talisman Energy Inc. Legal Notice - Privacy Statement - Americas/SEA Employee Portal Login