Performance, Compensation & Talent Management Subcommittee Agenda October 30, 2025

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 Subcommittee Action if the Subcommittee wishes to take action. Any Agenda Item from a properly noticed Subcommittee 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 each 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 subcommittees 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.

October 30, 2025

Open Session

9:00 a.m.

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Executive ReportDoug Hoffner
   3. Action Agenda Items
      1. Board’s Primary Executive and Investment Compensation Consultant Request For Proposal: Finalist Interviews and Selection (PDF)
         1. Attachment 1 (PDF)
   4. Information Agenda Items
      1. Summary of Subcommittee DirectionDoug Hoffner
      2. Public Comment
   5. Adjournment of Meeting