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NYSERDA Board Aligns Chief Policy Officer Pay to Peer Officer Formula
Summary
The board voted unanimously to adjust the Chief Policy Officer's salary so it is calculated using the same formula as the Chief Program Officer and Chief Operating Officer, setting compensation at the NYSERDA M8 total cash cap plus 6% (Resolution No. 1803).
Acting Chair Charles Bell presented a proposal to align the Chief Policy Officer's (CPO) salary calculation with the formulas used for the Chief Program Officer and Chief Operating Officer.
Bell explained the change responds to a periodic review of officer compensation and aims to align the CPO's pay to similar executive functions based on span of control, external stakeholder engagement, enterprise influence, and organizational risk exposure. The Board adopted Resolution No. 1803 by unanimous voice vote, stating that the salary will be calculated as "NYSERDA M8 total cash compensation cap + 6%."
The adjustment follows the Authority's established practice of periodically calibrating officer compensation against State Management/Confidential (M/C) and comparable agency benchmarks, as referenced in prior resolutions 1758 and 1781. No dissent was recorded on the motion.
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