Title
Resolution - Review and Approval of 2023 Corporate Initiatives, CEO Action Items and Performance Bonus Evaluation - P Graf
Other Info
Submitted By: Paul Graf
Department: Board of Directors
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
This Board of Directors considers the CEO's performance bonus compensation annually. The Board may consider performance, evaluation, and compensation.
Body
WHEREAS the CEO's performance bonus compensation is based on the current year's goals and objectives; and
WHEREAS the Board of Directors conducted its annual performance bonus compensation evaluation of the CEO this day;
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS that the CEO's performance bonus compensation is approved as discussed this day in Executive Session.