N-1Redacted - Analysis of Executive Management Expenses Report
5 passages
- Greg Blunden, VP Finance & Treasurer (part-year) 1 Brian Rendell, GM Finance (part-year) It 2 Gerald Weseen, GM Communications & Public Affairs It 3 • Barb Meens Thistle, GM Human Resources (part-year) 4 Rick Smith, VP Corporate Insuranc...
AI summary The document outlines the compensation, benefits, and other expenses for Nova Scotia Power Inc. (NSPI) executives, including part-year roles and full-year roles for 2009. Costs are allocated based on records for NSPI business purposes, and no other Emera Executive compensation or expenses are allocated to NSPI's regulated business activities.
Meals and Entertainment 14 15 16 17 18 13 These expenses are generally for meals and hospitality/entertainment associated with business meetings and conferences. The majority of meal related expense in this category is related to business...
AI summary The text outlines that meal and entertainment expenses are incurred for business meetings, conferences, and stakeholder engagement. These include costs for business travel and hosting third-party contacts. It also notes that meals during executive-led internal meetings may be attributed to individual executives.
01 Reimbursement Guidelines Actual reasonable business expenses incurred on behalf ofEmera are accounted for and reimbursed. - Expense reports should be submitted for approval within a month of the related expenditure. - Employees will be...
AI summary The guidelines outline that actual reasonable business expenses incurred on behalf of Emera must be reimbursed. Employees are required to submit expense reports within a month of expenditure, exercise good judgment in spending, and consult supervisors for guidance on reasonable expenses in specific circumstances.
02 Approval Policy Management is responsible for approval of all expense claims of their direct reports. Management is accountable for the validity and accuracy of expense claims they approve. - It is the responsibility of the approver to...
AI summary Management is responsible for approving direct reports' expense claims, ensuring validity, accuracy, and compliance with reimbursement guidelines. Approvals must be electronic, with verification of receipts, correct account numbers, and adherence to $10,000 report limits. Alternate managers may approve reports, requiring subsequent filing with the direct manager.
Vehicle Rentals Employees are permitted to rent a vehicle when required to travel for business on behalf ofEmera. - Gl Vehicles should be rented only \vhen economically justified (Le., less expensive than taxis). - Insurance offered by the...
AI summary Emera permits vehicle rentals for business travel only when economically justified (i.e., cheaper than taxis). Corporate insurance covers collision and comprehensive damage, but not personal injury, which is non-reimbursable. Third-party liability is provided by the rental company.