I had read that you thought this was the case. I will let Mr. Mills answer after me, but in my opinion, my powers have nothing to do with the number of meetings or committee structures. I either have the powers or I don't. That's the way it works. I have the powers that have been delegated to me, and the rest does not depend on the number of meetings or committees.
However, as I was saying earlier, since I have been here and since Mr. Mills has been here, the executive committee has never met for the simple reason that our meetings involve the entire board of directors. Indeed, this is possible thanks to technology. Meetings are held by telephone. Last year we had more than 10 board meetings instead of having executive committee meetings. I would say that this is an example of good governance practices. You will see that, more and more, executive committees are disappearing because instead of having two management levels—an executive committee and a board of directors—, the entire board of directors participates in the decision making on a more frequent basis.