Final answer:
The executive director or their designee is responsible for developing a system of annual performance evaluations.
Step-by-step explanation:
The statement is true. The executive director or the executive director's designee is responsible for developing a system of annual performance evaluations. This means that they are in charge of creating a process to assess the performance of employees on a yearly basis. By conducting these evaluations, organizations can identify strengths and areas for improvement in their employees and make informed decisions regarding promotions, training, and other HR practices.