Compensation Committee
Responsibility of the Compensation Committee
The Compensation Committee exercises the authority of the Board relating to employee benefit plans and the compensation of Baxter´s executives. The Compensation Committee´s responsibilities include:
- making recommendations to the Board concerning compensation of the Chief Executive Officer;
- determining the compensation of executive officers (other than the Chief Executive Officer) and advising the Board of such determination;
- making recommendations to the Board with respect to incentive compensation plans and equity-based plans and exercising the authority of the Board concerning benefit plans; and
- serving as the administration committee of the company´s equity plans; and
- making recommendations to the Board concerning director compensation.
Members of the Compensation Committee
The Compensation Committee met three times in 2008. The current members of the Compensation Committee are:
