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Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2022-425    Version: Name:
Type: Executive Session - Personnel Matters Status: Passed
File created: 11/16/2022 In control: Board of Directors
On agenda: 12/16/2022 Final action: 12/16/2022
Title: Resolution - Review and Approval of 2022 CEO Action Items and Bonus Evaluation - M Rister

Title

Resolution - Review and Approval of 2022 CEO Action Items and Bonus Evaluation - M Rister

 

Other Info

Submitted By: Milton Rister

Department: Board of Directors

Financial Impact and Cost/Benefit Considerations:

 

Discussion

This Board of Directors considers the CEO's bonus compensation annually. The Board may consider performance, evaluation, and compensation.

 

Body

WHEREAS the CEO's bonus compensation is based on the current year's goals and objectives; and

 

WHEREAS the Board of Directors conducted its annual bonus compensation evaluation of the CEO this day;

 

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS that the CEO's bonus compensation is approved as discussed this day in Executive Session.