Notwithstanding Article 9 (commencing with Section 11120) of Chapter 1 of Part 1 of Division 3 of Title 2 of the Government Code:
(a) (1) Action taken by a committee of the trustees and final action by the full board of trustees, on a proposal for the compensation package of the following executive officers shall occur in an open session of each of those bodies, and shall include a disclosure of the compensation package and rationale for the action:
(A) The Chancellor of the California State University.
(B) The president of an individual campus.
(C) A vice chancellor.
(D) The treasurer.
(E) The general counsel.
(F) The trustees’ secretary.
(2) Members of the public shall be afforded the opportunity to address the committee and full board on the proposal during or before consideration of the action item.
(b) Discussion by a committee of the trustees of, and action on, an executive compensation program or policy, and any final action by the full board of trustees on that program or policy, shall occur in open session of each of those bodies.
(c) Compensation for the principal officers of the trustees and the officers of the university shall include salary, benefits, perquisites, severance payments (except those made in connection with a dismissal or a litigation settlement), retirement benefits, or any other form of compensation.
(Added by Stats. 2007, Ch. 523, Sec. 3. Effective January 1, 2008.)