Performance, Compensation & Talent Management Committee Agenda November 18, 2020

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.)

Meeting Agenda for November 18, 2020

View Open Session Meeting Transcript (PDF)

Open Session

9:00 a.m.

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Approval of the November 18, 2020 Performance, Compensation & Talent Management Committee Timed Agenda (PDF)
   3. Executive Report (Oral Report)Doug Hoffner
   4. Action Consent ItemsDoug Hoffner
      1. Approval of the September 16, 2020 Performance, Compensation & Talent Management Committee Meeting Minutes (PDF)
   5. Information Consent ItemsDoug Hoffner
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the February 2021 Performance, Compensation & Talent Management Committee Meeting (PDF)
      3. 2019-20 Fiscal Year-End Compensation Outcomes for Statutory Positions (PDF)
         1. Attachment 1 (PDF)
   6. Action Agenda Items
      1. Incentive Compensation Recommendations for the Chief Investment Officer Position (PDF)Michelle Tucker; Eric Gonzaga of Grant Thornton LLP
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
   7. Information Agenda Items
      1. Financial Interest Separation Requirements for Chief Investment Officer Position (PDF)Michelle Tucker
      2. Summary of Committee Direction (Oral Report)Doug Hoffner
      3. Public Comment

Notes

1. 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.
2. 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.
3. Public comment may be taken on any agenda item. 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.
4. Board Members may attend meetings of committees of which they are not members and participate in the discussions during those meetings.
5. In accordance with Executive Orders N-29-20, N-33-20, and the stay-at-home orders and social distancing measures put in place throughout California, Board members will participate via videoconference.