Judging the CEO’s Work Beyond the Numbers
The CEO evaluation is traditionally used to determine the compensation package, but a board can take this exercise a step further and use it to strengthen their CEO’s development. Peter Thies, a managing director with Pearl Meyer, discusses a number of factors the board might consider in evaluating its chief executive, including sharing the bank’s strategic vision and workforce retention. He also suggests that boards incorporate prior years’ evaluations to gauge the CEO’s progress as a leader.
Topics discussed include:
- Strategic Communication
- Workforce Engagement
- Input From Regulators
The above video is part of Bank Director’s Online Training Series. To learn more, view Evaluating the CEO