Title
Resolution - Review and Approval of 2024 CEO Performance Evaluation and Compensation - P Graf
Other Info
Submitted By: Aisha Hagen on behalf of Paul Graf
Department: General Counsel
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
This Board of Directors considers the Chief Executive Officer’s (“CEO's”) annual performance evaluation. The Board may consider performance, evaluation, and compensation.
Body
WHEREAS, an effective Chief Executive Officer Performance Evaluation Process is a key factor in creating and maintaining a strong and effective relationship between the Pedernales Electric Cooperative Board of Directors and the Chief Executive Officer;
WHEREAS, the CEO's performance evaluation is based on the achievement of goals, objectives and management responsibilities; and
WHEREAS, the Board of Directors conducted its annual performance evaluation of the CEO this day;
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS that the CEO's performance evaluation and compensation are approved as discussed this day in Executive Session.