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Executive pay is an issue for boards, too
Executive compensation is much in the news these days. And it has been a continuing focus of the higher education press, as well, as the Chronicle of Higher Education illustrates today. In one of the most notable recent cases, the president of Ohio University received a contract extension before his performance review was completed. Boards, take note: As ACTA points out in our trustee guide Assessing the President's Performance, such evaluations are one of your primary responsibilities, second only to selecting the president, and should certainly be done before awarding raises or extending contracts.
Posted by Charles Mitchell on February 06, 2009 at February 6, 2009 04:25 PM
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