Board approves 3% CEO pay increase after brief debate over timing and comparator data

Feb 19, 2026

Board approved a 3% salary increase for the chief executive officer based on the board’s evaluation; a member moved to defer the decision pending an independent compensation survey but the motion to defer failed and the salary increase passed by voice vote.

The full story

The Washington State Investment Board approved a 3% salary increase for the chief executive officer during the meeting’s open session after the board returned from executive session.

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