Composition

A balanced Board with diverse perspectives and attributes is essential to Regency’s long-term success. The mix of skills, experience, backgrounds, tenures, and competencies contributes to effective oversight, strategic guidance, and continuity.

Selection and Refreshment Process

To preserve and enhance this balance, our Board has implemented a formal succession planning process, conducted annually by both the Nominating and Governance Committee and the full Board.

The Committee evaluates potential new directors based on the Board’s current composition, anticipated transitions and retirements, and the future needs of Regency and its Board—seeking individuals whose attributes complement the existing group and support effective succession and long-term Board performance.