Corporate GovernanceAug 4, 2026, 04:10 PM
ONE Gas Board Amends By-laws for Chair's Committee Participation
AI Summary
ONE Gas, Inc. announced that its Board of Directors approved amended and restated By-laws, effective August 4, 2026. The updated By-laws provide that the Board Chair may be appointed as a full voting member of Board committees, with all associated rights and responsibilities. Additionally, the Chair may serve as an ex-officio member of all standing committees, participating in discussions but without voting rights or being counted for quorum, ensuring compliance with regulatory standards.
Key Highlights
- ONE Gas Board approved amended and restated By-laws effective August 4, 2026.
- New By-laws allow Board Chair to be appointed as a full member of committees.
- Full committee members have voting rights and count towards quorum.
- Board Chair may also serve as an ex-officio member of all standing committees.
- Ex-officio members can attend and discuss but have no voting rights.
- Ex-officio members are not counted for quorum or committee composition.
- Chair's participation must comply with all applicable laws and listing standards.
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