Item - 2021.TA11.13
Tracking Status
- This item was considered by Board of Directors of the Toronto Atmospheric Fund on April 26, 2021 and was adopted without amendment.
TA11.13 - Annual Performance Review of the Toronto Atmospheric Fund Chief Executive Officer
- Decision Type:
- ACTION
- Status:
- Adopted
Confidential Attachment - Personal matters about an identifiable person
Board Decision
The Board of Directors of the Toronto Atmospheric Fund:
1. Approved the recommendations contained in Confidential Attachment 1 from the Executive Compensation and Performance Review Committee with respect to Chief Executive Officer Compensation, attached to the report (April 26, 2021) from the Board Chair.
2. Directed the Executive Compensation and Performance Review Committee to review and update the Chief Executive Officer contract as part of the 2021 Annual Performance Review Process.
3. Directed that the confidential information contained in Confidential Attachments 1 and 2 to the report (April 26, 2021) from the Board Chair remain confidential in their entirety, as they deal with personal matters about an identifiable person.
Decision Advice and Other Information
The Board of Directors of the Toronto Atmospheric Fund recessed its public meeting to meet in closed session to consider the item as it pertains to personal matters about an identifiable person.
Origin
Summary
This report summarizes the performance review of The Atmospheric Fund's (TAF's) Chief Executive Officer (CEO) and provides a compensation recommendation.
Background Information
https://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-166128.pdf
Confidential Attachment 1 - Compensation Recommendations and CEO 360 Survey Results Summary, 2019 to 2020
Confidential Attachment 2 - CEO Performance Review Letter
(April 15, 2021) Letter from the Board Chair on Annual Performance Review of Toronto Atmospheric Fund Chief Executive Officer
https://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-166131.pdf