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Board accepts committee's recommendation not to award CEO bonus; launches RFP-based CEO search process
Summary
The CEO performance committee unanimously recommended not awarding a fiscal-year bonus; the board accepted that recommendation. Separately the CEO search committee, advised by Metro Legal, will issue a request for proposals for an executive search firm; staff said the RFP should post within about 10 days.
The CEO performance review committee reported it completed its evaluation for the fiscal year ending June 2025 and unanimously recommended to the full board that no bonus be awarded to the outgoing CEO for that period.
"It is our committee's unanimous recommendation to the full board to not move forward with a bonus," Miss Smith told the board, citing financial…
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