Board Evaluation of the Chief Executive Officer
Although a compensation committee or the executive committee may be delegated the authority to set the CEO's compensation, the entire board should be involved in the CEO's annual review. A consultant can be helpful in determining what questions to ask and in gathering the responses and facilitating communication between the board and the CEO.
These questions are designed to be used by a board that has chosen not to work with a consultant. They are the basic questions that should be asked but by no means are they the only questions that a board should ask when assessing CEO performance.
This resource is provided for informational and reference purposes only and should not be construed as legal advice. Specific legal questions regarding this information should be addressed by your organization's legal counsel.