Monitoring CEO Performance

Policy Name: Monitoring CEO Performance
Policy Types: Board Management Delegation
Number: BMD-04
Date Approved: October 20, 2025
Date Amended:
Date Last Reviewed:

CEO job performance will be measured solely by systematic and rigorous monitoring of the CEO’s job performance in comparison to the Board’s required CEO job outputs: organizational accomplishment of the CEO’s reasonable interpretation of Ends policies and organizational operation within the boundaries of the CEO’s reasonable interpretation of Executive Limitations policies.

The purpose of monitoring is simply to determine the degree to which Board policies are being fulfilled. Only information which achieves this purpose will be considered to be monitoring.
A given policy may be monitored in one or more of three ways:

2.1. Internal report: Disclosure of compliance information by the CEO, along with his or her explicit interpretation of Board policy, and justification for the reasonableness of interpretation.

2.2. External report: Discovery of compliance information by an external, disinterested third party, who has appropriate qualifications and a suitable level of independence from management, who is selected by and reports directly to the Board. The CEO should be notified of this activity.

2.3. Direct Board Inspection: Discovery of compliance information by a designated Board member, a committee or the Board as a whole. Such an inspection is only undertaken at the instruction of the Board and with notification of the CEO.
Regardless of the method of monitoring, the standard for compliance shall be any reasonable CEO interpretation of the Board policy being monitored. The Board is the final arbiter of reasonableness but will always judge with a “reasonable person” test rather than interpretations favored by Board members, the disinterested third party, or even the Board as a whole.
Upon the choice of the Board, any policy can be monitored by any of the above methods at any time. For regular monitoring, however, each Ends and Executive Limitations policy will be classified by the Board according to frequency and method.
A formal evaluation of the CEO by the Board will occur annually no later than November 30, based on the achievement of the Board's Ends Policies and non-violation of its Executive Limitations policies. This formal evaluation will be conducted by cumulating the regular monitoring data provided during the year and the Board’s recorded acceptance or non-acceptance of the reports and identifying performance trends evidenced by that data.

Monitoring Schedule

Number	Policy	Method	Frequency	Month
E-01	Ends	Internal Report	Annually	September
EL-00	General Executive Constraint	Internal Report	Every 2 yrs	November
EL-01	Treatment of Students	Internal Report	Every 2 yrs	March
EL-02	Access to Eduction	Internal Report	Annually	September
EL-03	Treatment of Employees	Internal Report	Annually	April
EL-04	Planning	Internal Report	Annually	May
EL-05	Financial Conditions & Activities	Internal Report	Annually	October
EL-06	Asset Protection	Internal Report	Annually	November
EL-07	Compensation and Benefits	Internal Report	Annually	April
EL-08	Communication & Support to the Board	Internal Report	Annually	June
EL-09	Organizational Integrity	Internal Report	Annually	April
EL-10	Land Development & Construction	Internal Report	Every 3 yrs	February