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Should Compensation Committees Seek CEO Input When Deciding CEO Pay?
Meridian Compensation Partners, LLC
Apr. 10, 2018
"[T]he CEO's perspective can be useful ... The CEO should not be present when the compensation committee is making decisions about his or her compensation.... Prior to receiving any input from the CEO, the compensation committee chair, board chair, or lead independent director should set clear expectations about the process and that the committee or board will make the final pay decisions.... Directors should get the CEO's view of his or her individual and company performance."
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