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It depends. In private companies it can be the CEO, or the CEO can be the owner who sets it's own comp. But generally yes, it's the board of directors, but rare
by didibus 3y ago
It depends. In private companies it can be the CEO, or the CEO can be the owner who sets it's own comp. But generally yes, it's the board of directors, but rarely without input from the CEO. So it's not uncommon for CEOs to have an influence over the compensation committee about what their comp should be.