The Omaha Public Power District (OPPD) was created in 1946 as a public corporation and political subdivision of the state of Nebraska. OPPD is one of the largest publicly owned electric utilities in the U.S.
The management of OPPD is under the direction of its president and chief executive officer, with oversight from an eight-member board of directors, elected by the people in the areas served.
Sound principles of corporate governance and oversight are necessary for OPPD to achieve its strategic objectives and to continue providing value to its customer-owners. The following documents define the roles and obligations of the OPPD Board of Directors and its committees in leading OPPD and advancing the interests of all customer-owners and employees.
Corporate Governance Guidelines
The Corporate governance guidelines define the roles, responsibilities and structure of the board of directors and senior management. The guidelines also contain information on the election and terms of the board, and the board’s oversight of senior management.
Board Governance Policies
The Board governance policies are a product of the Governance Initiative and designed to help the Board: 1) sharpen its focus on critical issues, 2) clarify the relationship between Board and management, 3) optimize decision-making, and 4) deliver organizational results aligned with agreed upon strategic performance objectives and risk levels.
Board of Directors Information
Board Member Information
Public Meeting Participation Guidelines
Directors Code of Ethics and Business Conduct (supporting document to SD-10: Ethics)
Board Committees and Charters
The OPPD Board of Directors has established four committees to focus its attention on certain topics with major significance to OPPD’s business:
• Governance Committee Charter
• Finance Committee Charter
• Public Information Committee Charter
• System Management & Nuclear Oversight Charter
This Senior Management Information lists the senior managers and their respective areas of responsibility.
OPPD has internal policies in place to maintain and lay out the structures of corporate oversight. The following documents or regulatory links provide corporate oversight information and company expectations regarding employee business practices and ethics.
Business Practices and Ethics
The Code of Conduct provides expectations for high ethical standards in all aspects of company operations; ensures compliance with applicable laws, regulations and company policies; establishes clear guidelines for ethical standards; and requires disclosure by all employees of potential conflicts of interest.
OPPD must comply with applicable federal, state, and local laws and regulations. The following documents outline procedures for maintaining such compliance.
• OPPD’s FERC Standards of Conduct and OASIS
• North American Electric Reliability Corporation (NERC)
• Nuclear Regulatory Commission (NRC)
• Environmental Protection Agency (EPA)