The Compensation Committee, on behalf of the Board, annually evaluates the performance of the CEO and reports the results to the Board. As part of this practice, the Compensation Committee Chair requests that non-employee directors provide their opinions on the CEO's performance relating to:
The Compensation Committee chair shares the responses with the CEO. The process is also used by the committee to determine appropriate compensation for the CEO. This procedure allows the Board to evaluate the CEO and communicate the Board's expectations.