Performance, Compensation & Talent Management Committee Agenda September 17, 2024

This committee oversees compensation mechanisms and criteria, and the hiring, termination, compensation and long-term succession planning of key personnel.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Items designated for Information are appropriate for Committee Action if the Committee wishes to take action. Any Agenda Item from a properly noticed Committee meeting may be considered by the Board at a subsequent Board meeting. The hour designated as the earliest starting time for this meeting is not intended to communicate the expected duration (or ending time) of the preceding meeting. Public comment may be taken on agenda items in accordance with applicable law. There is a three-minute limitation on public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit 2, § 552.1.) Members of the public may provide public comment via telephone by calling (800) 259-4105. Board members may attend meetings of committees of which they are not members and participate in the discussions during those meetings. In accordance with Government Code section 11123.2 (added by Stats. 2023, ch. 216, § 1), Board members may participate remotely via teleconference.

September 17, 2024

Open Session

9:30 a.m.
Or upon adjournment of the Finance and Administration Committee Committee Meeting – Whichever is later

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Executive Report (PDF)Doug Hoffner
   3. Action Consent ItemsDoug Hoffner
      1. Approval of the September 17, 2024 Performance, Compensation & Talent Management Committee Timed Agenda (PDF)
      2. Approval of the June 12, 2024 Performance, Compensation & Talent Management Committee Meeting Minutes (PDF)
   4. Information Consent ItemsDoug Hoffner
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the February 2025 Performance, Compensation & Talent Management Committee Meeting (PDF)
   5. Information Agenda Items
   1. Succession Planning Overview(PDF)
   1. Attachment 1 (PDF)
   6. Summary of Committee Direction (Verbal Report)Doug Hoffner
   7. Public Comment

   Closed Session

   Upon adjournment or recess of Open Session (Government Code sections 11126(a)(1) and (g)(1))

   1. Call to Order and Roll Call
   2. Action Consent Items Michelle Tucker
      1. Approval of the February 20, 2024, Performance, Compensation & Talent Management Committee Closed Session Meeting Minutes Michelle Tucker
   3. Information Agenda Items
      1. Chief Executive Officer’s Report of 2023-24 Performance: Executive and Investment Management Positions Marcie Frost
   4. Action Agenda Items
      1. Chief Executive Officer’s 2023-24 Performance Evaluation Michelle Tucker; Global Governance Advisors

   Open Session

   Upon adjournment of the Closed Session

   8. Adjournment of Meeting