What does “executive officer” mean in the Data Element asking for the 5 most highly compensated executive officers in the Prime Recipient and Sub-Recipients?
The term “executive officer”, when used with reference to a registrant, means its President, any Vice President of the registrant in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy making function or any other person who performs similar policy making functions for the registrant. Executive officers of subsidiaries may be deemed executive officers of the registrant if they perform such policy making functions for the registrant. For not-for-profit organizations, this does not refer explicitly to the Board of Directors. However, if an “executive office” (e.g. the CEO/President) also serves on the Board of Directors, that person will still be reported.
Related Questions
- What does "executive officer" mean in the Data Element asking for the 5 most highly compensated executive officers in the Prime Recipient and Sub-Recipients?
- How many named executive officers total compensation data are shown in the executive compensation section?
- Do National Labs need to report the top 5 highly compensated officers?
