At American Greetings, we believe that good corporate governance goes a long way toward building and maintaining public trust. Our employees are guided by our values to be safe, maintain the highest integrity, treat everyone with dignity and respect, focus on our customers and be excellent in all we do. Our corporate policies and practices are designed to ensure that these values are continuously upheld at all levels of our company.
During 2004 and 2005, our Board of Directors updated and affirmed our corporate governance structure to codify several of these policies and practices and to meet new and recently revised requirements of federal and state law and the rules of the New York Stock Exchange. This process included updating our Corporate Governance Guidelines, Code of Business Conduct and Ethics, and Board committee charters.
We are proud of our strong approach to corporate governance, and believe that our core values and the policies and practices inspired by these values will continue to serve American Greetings and its stakeholders well. |  | |