Governance Overview
At AIR, our corporate governance philosophy is rooted in our commitment to high ethical standards and professional responsibility. Our core values: integrity, respect, collaboration, customer focus, and performance guide our commitment to our residents, to our teammates, to our shareholders, and to the communities in which we own, operate, and live.
AIR prides itself on having a well-constructed and high performing Board of diverse backgrounds and expertise with a commitment to long-term shareholder value creation. The Board prioritizes strong corporate governance and corporate responsibility. Each director makes a meaningful investment in the AIR enterprise. Our eight independent directors include equal numbers of men and women and incorporate the perspectives of immigrants from Iraq, Mexico, and Vietnam together with the lived experience of African American, Asian, Hispanic, Middle Eastern, and other ethnicities.
Our Board has long overseen corporate responsibility. The Board’s Governance and Corporate Responsibility Committee includes the eight independent directors and, in partnership with AIR’s Chief Corporate Responsibility Officer, plays an active role in setting the strategy for AIR’s environmental, social, and governance work. Board, committees, and directors are evaluated annually. All board members are subject to annual election and the Board cannot be staggered without shareholder approval. AIR has an intentional approach to regular board refreshment.
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