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Board approves Mercer compensation analysis and amends CEO/Superintendent contract

IDEA Public Schools Board of Directors · September 27, 2024

Summary

IDEA Public Schools board accepted the Mercer Executive Compensation Analysis and approved an amended CEO/Superintendent contract, documenting that compensation is fair, reasonable and not excessive.

The board approved the Mercer Executive Compensation Analysis as the basis for CEO/Superintendent compensation determinations and recorded findings that the total compensation package is fair, reasonable and not excessive. The vote to approve the Mercer analysis was made by Gary Lindgren and seconded by Dr. Nanette Cocero; the motion passed unanimously.

Following that action, the board voted to approve an amended CEO/Superintendent contract as discussed in closed session. The board recorded that comparability data from Mercer was used in the determination and that no conflicted individuals participated in deliberations. Motions and votes were recorded in the Sept. 27 minutes as unanimous.

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