Role of the Board in Recruiting, Compensating and Assessing CEO Performance

Online Course
Catalog

Role of the Board in Recruiting, Compensating and Assessing CEO

Course Objectives:

Describe the steps the board must take to hire the credit
union’s next chief executive officer.
Discuss the role of succession planning and leadership
development in ensuring that the board can respond
promptly to replace the CEO in the event of unexpected
circumstances.
Identify the role of executive compensation in rewarding
performance, ensuring retention and providing incentives
to achieve strategic goals.
List the various components of an executive compensation
program.
Describe the challenges of developing an executive
compensation program that meets the needs of the
executive and the credit union.
Discuss the benefits of an effective CEO performance
assessment process.
Identify key strategies to ensure a productive CEO/board
working relationship.

Target Audience:Credit union board members

Study time: 2 Hours

Author:
Mark Lynch, CUDE, DUDE