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MK: This process provides the board with a meaningful way to evaluate church leadership and programs, while paying attention to the Ends they exist to serve. Although non-employee director compensation is generally immaterial to a company's bottom line and small relative to executive pay, director compensation is an important piece of a company's governance. The lead independent director is an independent and empowered director who works closely with the Chairman and the CEO, and serves as the principal liaison between the independent directors and the Chairman and the CEO in matters relating to the Board as a whole.
Publisher: MASTERS; 1 edition (March 5, 2015)
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