Governance

CARRIZO’S BOARD OF DIRECTORS (“BOARD”) IS THE COMPANY’S HIGHEST GOVERNING BODY RESPONSIBLE FOR OVERSEEING THE LONG-TERM HEALTH AND SUCCESS OF OUR BUSINESS.

Companies in our industry face a broad array of potential risks, including market, operational, strategic, legal, political, and financial risks. The Board and its committees oversee and help mitigate these risks by ensuring we have structures and processes in place that are in the best interests of our stakeholders. The Board members participate in Board meetings to periodically review the company’s governance practices and other initiatives and adopt practices that enhance our governance and reduce our risk profile. We believe that good corporate governance helps us meet our obligations to our stakeholders. In general, Carrizo’s governance policies include:

  • the establishment of the Code of Ethics and Business Conduct of the Company, which covers a range of business practices and procedures affecting all directors, officers, and employees
  • the establishment of the Audit Committee, appointed by the Board of Directors, to oversee the accounting and financial reporting processes and audits, company performance, and governmental compliance
  • the creation and purpose of the Nominating and Corporate Governance Committee of the Board of Directors
  • the creation and purpose of the Compensation Committee of the Board of Directors which reviews and approves the compensation of the Company’s officers and employees

At Carrizo, we hold our team to the highest standards of integrity and honestly. Our reputation depends on each employee, manager, or anyone working on our behalf to assume personal responsibility for our business conduct, and our employees are encouraged to report any questionable conduct. You may anonymously report violations of Carrizo’s Code of Ethics and Business Conduct by calling the independently operated Compliance Employee Report Line at 1-844-527-0537 or visiting http://cerl.ethicspoint.com.

Committee Composition