Section 10-1117 - Duties of BoardThe Board shall:
(1) develop a public and internal strategic plan that includes:(i) performance goals and measures;(ii) a mission statement and core values;(iii) ananalysis of strengths, weaknesses, opportunities, and threats;(v) yearly and long-term goals and objectives;(2) review strategic plans and update the plans annually to measure performance;(3) approve compensation plans for the Chief Executive Officer and employees of the Corporation;(4) designate a person to review and approve expense reimbursements of the Chief Executive Officer and employees of the Corporation in accordance with standards established by the Board;(5) designate a person to receive ethics complaints and any complaints involving the Board, the Chief Executive Officer, and employees of the Corporation;(6) establish policies that govern: (i) severance packages for employees that involuntarily leave employment;(ii) tuition reimbursement and limits for employees;(iii) eligible expense reimbursement requirements that include:1. the types of expenses that are considered part of Corporation functions;2. limits on reimbursements and time frames for submission; and3. allowable travel expenses including any out -of-state travel;(iv) the use of all Corporation equipment, personal property, and real property and whether any property may be transferred to a departing employee; and(v) whistleblower complaints and protections for those filing complaints; and(7) conduct an annual performance review of the Chief Operating Officer.Added by 2024 Md. Laws, Ch. 123,Sec. 1, eff. 7/1/2024.