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Yes Boards of directors set the CEO's compensation. This is usually done as part of a compensation plan that is aligned with the salaries of similar leaders in their community and their field.

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11y ago

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Related Questions

Who elects the CEO?

The Board of Directors.


Will Kroger stock ever spli again?

It depends on what the Board of Directors through the CEO and CFO of the company decide in the future.


Who can fire CEO?

The CEO is selected or deselected by the board of directors of the company.


What is above a CEO?

the CEO is the TOP of the food chain. The board of directors can only oust a CEO.


Are dividends declared by CEO's?

NO. They are declared by the board of Directors.


Can a CEO also be the chairperson of the board?

The CEO, the Chief Executive Officer, is always on the Board of Directors and is the Chairperson of the Board. That's why he/she is the Chief


Who does the CEO report to?

The CEO typically reports to the board of directors. The board is responsible for appointing and overseeing the CEO, ensuring that the company is being managed effectively and in the best interests of shareholders.


Can the board of directors of a business issue a vote of no confidence in the ceo?

no


Who hires a CEO?

A corporate board of directors is generally responsible for this.


What is a corporate CEO?

A corporate CEO is the Cheif Executive Officer of a corportation. The Board of Directors of the corporation will elect the CEO.


Who makes the most important decisions in a corporation?

1. Day to day: The Chief Executive Officer (CEO), or Chairman, or President. 2. General policy: The Board of Directors and the stockholders Economics answer: Board of Directors


How does the Board of Directors hold the CEO accountable for their performance?

The Board of Directors holds the CEO accountable for their performance through regular performance evaluations, which assess the CEO's effectiveness in meeting strategic goals and financial targets. They establish clear performance metrics and benchmarks aligned with the company's objectives, ensuring transparency and alignment. Additionally, the Board conducts periodic reviews and may tie compensation, including bonuses and stock options, to the CEO's performance outcomes. In cases of underperformance, the Board has the authority to implement corrective actions, including potential termination.