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The committee unanimously recommended that the Board of Directors approve a 6% increase in the CEO’s 2026 base salary, retroactive to January 1, bringing annual pay to $513,426.
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The committee’s action is a recommendation, not a final salary approval. The Board of Directors is expected to consider the adjustment and the CEO’s 2026 goals at an upcoming meeting. The committee also plans to review the CEO evaluation process and employment agreement.
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