The Florida Senate

The president of the board, who may also be designated as secretary-treasurer, shall be appointed by the board and shall serve at the pleasure of the board. The board shall establish and adjust the compensation of the president. The president shall be the chief administrative and operational officer of the board and shall direct and supervise administrative affairs and the general management of the board. The board may delegate to its president those powers and responsibilities it deems appropriate, except for appointment of the president. The president:

An employee of the board may not receive compensation for employment that exceeds the salary paid to the Governor, unless the board and the employee have executed a contract that prescribes specific and measurable performance outcomes for the employee, the satisfaction of which provides the basis for the award of incentive payments that increase the employee’s total compensation to a level above the salary paid to the Governor. The Department of Management Services shall establish a lease-agreement program under which an employee of the board, as of June 30, 2002, retains his or her status as a state employee until the employee voluntarily or involuntarily terminates his or her status with the board. Status as a state employee shall include the right to participate in the Florida Retirement System.