Ann thanked Robbie for his work in leading the evaluation process and writing the
summary evaluation.

The committee reviewed the evaluation which is highly favorable of Rachel’s
performance during the academic year. The two areas of improvement noted were:
improving academic performance and returning performance to pre-pandemic levels;
and talent recruitment and retention. These were both part of Rachel’s goals in SY 23-
24 and are also included in her draft goals for the coming year.

The committee then reviewed the CEO salary data which shows that salary has been
competitive within the charter school market and in western MA. Rachel’s contract
stipulates a base salary increase equal to COLA which is 3.2% in 2024. That would give
her a base salary increase of $5,600 to $180,600.

A performance bonus is at the discretion of the Board. The committee discussed the
rationale last year of awarding $15,000 which was a recovery year from the pandemic.
Although Rachel’s performance is strong, the committee feels that the bonus this year
should be awarded at a slightly lower level given that academic achievement measures
were not reached. The committee agreed that a bonus of $12,000 is fair and justified
given the overall performance level of Rachel’s work.

The Executive Committee will recommend the following to the full Board at the August
meeting:

Base salary of $180,600 as contractually committed.

Performance bonus of $12,000 based on strong performance.