The Compensation Committee is a Special Committee of the Board. The Committee has oversight of executive compensation, works with the CEO to develop annual strategic goals for the CEO, reviews and evaluates the achievement of these goals, and sets the compensation of the CEO. The Compensation Committee has general oversight of the CEO and Executive Team to ensure the alignment of organizational goals and compensation of the CEO and Executive Team.
The Compensation Committee is composed of the chair, vice chair-chair elect, the immediate past chair and two additional members of the board. Each of the two additional members are appointed by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made), and serve a two-year term on a staggered basis. The terms of all appointed additional members on the Compensation Committee will commence when the vice chair-chair elect becomes chair. The two additional members will preferably have experience with board compensation committee issues. Compensation Committee meetings are held as needed and called by the chair. The Compensation Committee meets in person at least once per year, immediately preceding or following a board meeting.
Soumitra Dutta, Cornell University
Michael Arena, General Motors Corporation
Erika James, Emory University
Jennifer McIntosh (firstname.lastname@example.org)
Caryn Beck-Dudley, Santa Clara University
Santiago Iniguez de Onzono, IE University
John Elliott, University of Connecticut