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Abstract

The process by which the board determines the mix of vehicles for compensation of the CEO and the level of compensation is among the most important aspects of board responsibilty. Additionally, the board must appraise the performance of the CEO, many aspects of which necessarily relate to the various methods of compensation. This case provides a vehicle for the discussion of many aspects of these topics.

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Abstract

The process by which the board determines the mix of vehicles for compensation of the CEO and the level of compensation is among the most important aspects of board responsibilty. Additionally, the board must appraise the performance of the CEO, many aspects of which necessarily relate to the various methods of compensation. This case provides a vehicle for the discussion of many aspects of these topics.

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