Generation Superintendent. The Chief Executive Officer shall be elected by the Board of Directors, by qualified majority (sub-clause 7.4 above), from the names listed by the Compensation Committee. The other Executive Board members shall be elected by the Board of Directors by simple majority vote, from the names listed by the Chief Executive Officer, so as to maintain the cohesion of the executive board of COMPANY and SUBSIDIARIES.
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Samples: Shareholder Agreement (CPFL Energy INC), Shareholder Agreement (CPFL Energy INC), Shareholder Agreement (CPFL Energy INC)
Generation Superintendent. The Chief Executive Officer President shall be elected by the Board of Directors, by qualified majority (sub-clause 7.4 above), from the names listed by the Compensation Committee. The other Executive Board Management members shall be elected by the Board of Directors by simple majority vote, from the names listed by the Chief Executive OfficerPresident, so as to maintain the cohesion of the executive board of COMPANY and SUBSIDIARIES.
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