Sec. 2-402. Functions of the Executive Committee.
The purpose of the Executive Committee is to strengthen the Board's performance by helping it to function efficiently and effectively. The Executive Committee shall act with full interim authority for the Board shall serve as the Board's mechanism for arriving at, in conjunction with the President, a mutually acceptable listing of institutional objectives for the coming academic year; and shall annually initiate and make recommendations regarding the President's performance and compensation, in compliance with Board policies. Interim actions of the Executive Committee are subject to ratification and confirmation by the Board at the next following formal meeting.