Performance, Compensation & Talent Management Committee Agenda April 19, 2021

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 April 19, 2021

View April 19, 2021 Performance, Compensation & Talent Management Committee Open Session Meeting Transcript (PDF)

Open Session

10:00 a.m.
Or upon adjournment of the Finance & Administration Committee – Whichever is later

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Approval of the April 19, 2021 Performance, Compensation & Talent Management Committee Timed Agenda (PDF)
   3. Executive Report (Verbal Report)Doug Hoffner
   4. Action Consent ItemsDoug Hoffner
      1. Approval of the February 17, 2021 Performance, Compensation & Talent Management Committee Meeting Minutes (PDF)
   5. Information Consent ItemsDoug Hoffner
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the June 15, 2021 Performance, Compensation & Talent Management Committee Meeting (PDF)
   6. Information Agenda Items
      1. Compensation Governance Best Practices (PDF)Michelle Tucker; Global Governance Advisors
         1. Attachment 1 (PDF)
   7. Action Agenda Items
      1. Long-Term Incentive Program for the Chief Investment Officer Position (PDF)Michelle Tucker; Global Governance Advisors
         1. Attachment 1 (PDF)
      2. Annual Review: 2021-22 Incentive Metrics (PDF)Michelle Tucker; Global Governance Advisors
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
   8. Information Agenda Items
      1. Summary of Committee Direction (Verbal Report)Doug Hoffner
      2. 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 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.
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.