Strong corporate governance is fundamental at VSE Corporation
We recognize the importance of a robust and effective governance structure
At VSE, we prioritize strong corporate governance practices as crucial elements for building trust, maintaining credibility, and fostering sustainable growth. We are deeply committed to ethical business conduct and cultivate a culture of transparency and accountability that prioritizes the long-term interests of both our company and stakeholders.
We have well-established policies and procedures in place to ensure compliance with legal and regulatory standards, as well as industry best practices.
BOARD OF DIRECTORS
VSE Corporation’s Board of Directors
The Board of Directors at VSE plays a pivotal role in guiding the organization’s strategic direction, safety initiatives, corporate sustainability efforts, and management of key strategic, operational, and compliance risks.
Following planned retirements in May 2024, the VSE Board will comprise of eight directors. Five of these directors will have been appointed in the past four years, and four will represent diverse communities as defined by NASDAQ.
- 8 Board Members
- 7 Independent Directors
- 2 Women + 1 Racially/Ethically Diverse
- 11 years - Average Tenure
- 64 – Average Age
- 50% Board Diversity
GOVERNANCE BEST PRACTICES
VSE adheres to a range of corporate governance best practices tailored to our business and industry
The VSE Board holds responsibility and accountability for overseeing risk management plans, policies, and practices. Each Board committee is tasked with overseeing specific risks related to its respective activities, and the charter of each committee reflects these risk oversight responsibilities. We have implemented an enterprise risk management framework that continually monitors and assesses our business and operational risks, serving as a cornerstone of our overall risk mitigation efforts
These best practices include:
01.
Code of Business Conduct and Ethics
02.
Ethics hotline
03.
Disclosure committee for financial reporting
04.
Annual stockholder approval of executive compensation
05.
Enterprise risk management program
06.
Related party transaction policy
07.
Independent board committees
08.
Executive sessions of independent directors
09.
Independent compensation consultant
10.
Stock ownership and retention guidelines
11.
Annual stock grant to non-employee directors
Ethics & Compliance
The purpose of VSE’s Code of Business Conduct and Ethics is to educate, enforce and support compliance and ethical behavior. The Code underscores our expectation that our employees and suppliers will conduct business ethically and in compliance with all applicable rules and regulations.
- Code of Business Conduct and Ethics
- Conflicts of Interest and Global Anti-Corruption Policy
- Ethics Hotline
- Supplier Code of Conduct
- Human Rights Policies & Practices
- Anti-Discrimination and Anti-Harassment Policies
VSE FACILITIES
Our Sustainability Highlights
In recent years, we have intensified our efforts to enhance the efficiency of our energy and water usage, as well as address other climate-related factors in our operations. We continue to identify and assess opportunities to foster a cleaner, safer workplace and embrace sustainable practices to minimize our environmental footprint.
Alexandria, VA (Global Headquarters)
Maintained LEED Gold certified status
Installed electric vehicle charging stations