Senior Executive

From Knowledge base

“Senior executive” means—

Prior to January 2, 1999

(1) The Chief Executive Officer (CEO) or any individual acting in a similar capacity at the contractor’s headquarters;

(2) The four most highly compensated employees in management positions at the contractor’s headquarters, other than the CEO; and

(3) If the contractor has intermediate home offices or segments that report directly to the contractor’s headquarters, the five most highly compensated employees in management positions at each such intermediate home office or segment.

Effective January 2, 1999

the five most highly compensated employees in management positions at each home office and each segment of the contractor, whether or not the home office or segment reports directly to the contractor’s headquarters.[1]

Links

This term is used in the following page(s):

Fringe Benefits

References and Notes

  1. FAR 31.205-6(p)