Title
Resolution - Approval of Annual Chief Executive Officer (CEO) Performance Evaluation - J Powers
Other Info
Submitted By: Sylvia Romero
Department: General Counsel
Discussion
This Board of Directors considers the CEO's performance evaluation annually. The Board may consider performance and evaluation and may take action based on discussion in Open and Executive Session.
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 corporate goals, the achievement of current year's objectives, and the fulfillment of the Chief Executive Officer's 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.