Examples of CEO Direct Reports in a sentence
The MRC Committee also reviews and recommends to the Board the base salaries (and any changes thereto) of the President and CEO and employees of the Company and its subsidiaries at the level of senior vice-president and above who report directly to the President and CEO (the CEO Direct Reports).
The JCECC will evaluate the CEO based on the goals and objectives agreed upon by both Boards and the CEO annually; recommend the evaluation and compensation changes to both Boards for their approval and review the compensation of the CEO Direct Reports, annually.
The GHRC Committee reviews this report and then, using information contained in the report, determines recommended compensation for the Chief Executive Officer and the CEO Direct Reports, taking into consideration the above-listed factors and other relevant information.
The increased life expectancy of the Western population in the last decades [9], associated with the improvements in surgical standards and postoperative care, has progressively expanded the age criteria of operability in cardiac surgery [10].
The Board Charter (clauses 3 and 9) states that the Board is responsible for overseeing the annual performance review of the Managing Director and Chief Executive Officer and approving the annual performance reviews of CEO Direct Reports.
The terms and conditions applicable to any other cash- or equity-based long-term incentive award granted to the Executive during the Period of Employment will be no less favorable than those granted or applicable to any such award granted to any of the CEO Direct Reports (excluding terms and conditions set forth exclusively in a Relevant Contract).
Participation in retirement, health and welfare and other employee benefit plans and perquisites from time to time in effect for the CEO Direct Reports (the “ Executive Benefits”), with any such Executive Benefits to be subject to change in accordance with the terms and conditions of the applicable plans (provided that any such change that materially affects Executive is subject to Executive’s consent).
The MRC Committee also reviews the execution of 2011 Management Information Circular H5 the Company’s compensation and benefit plans and reviews and recommends to the Board the appointment, reassignment and terms of employment and termination of the President and CEO and the CEO Direct Reports.
The Board is encouraged with this achievement and, with CEO Direct Reports, is committed to continuing to promote an inclusive workplace and encouraging policies designed to achieve greater female participation in the Group’s workforce.The proportion of women on the board, in senior executive positions and across the whole workforce of the DRA Group (as at 31 December 2021) is detailed below.
The GHRC Committee then makes its recommendations to the Board with respect to the annual cash bonus and equity compensation grant as the variable elements of total compensation to be paid to the Chief Executive Officer and CEO Direct Reports, including, as applicable, the Named Executive Officers, for the fiscal year just completed and to set salaries for the current year.