The Shareholders of James Richardson & Sons, Limited are all members of the Richardson family and for six generations they, together with the Firm’s Board of Directors, have ensured that its founding values have been upheld. The JRSL Shareholders and Directors view the Firm and its subsidiaries in their totality and constructively support management. The Board sets policy and approves the overall strategic plan, the consolidated budget, significant acquisitions and divestitures, as well as major capital expenditures and financings. The Shareholders, many of whom also serve on the Boards of JRSL or its subsidiaries, add a further layer of oversight as they meet regularly as a group to receive reports on the Firm’s progress and plans.

While it continues to be a family-owned organization, the Board of James Richardson & Sons, Limited includes independent Directors who are not members of the Richardson family and who are not members of management of the Firm. These Directors are experienced, highly-respected individuals within the business community, who provide the benefit of their business acumen and an objective perspective to JRSL.

In step with the parent company, the Firm’s operating subsidiaries each have their own Boards, all of which include independent, non-Richardson family Directors.