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ICANN publishes Salaries of Top Level Employees

February 11th, 2010 Comments off

CEO Rod Beckstrom earns $750,000 annual base salary plus bonus

As a not-for profit Organization, ICANN always had to file and publish some information of how they spent their money. However those filings are hard to read and some cases some of the information has been removed. It appears ICANN president & CEO Rod Beckstrom is trying hard to bring a new openness to ICANN. Today he published a document on twitter showing the compensation for ICANN’s top employees. The non-profit models its compensation based on For-Profit companies and “has had major blunders, yet to my knowledge no staff were ever held accountable through termination or pay reductions” according to an article by George Kirikos published on CircleID. Kirikos also points out that the highest paid UN employee earns an annual salary of US$201,000 (“Under Secretary General”) even when taking into account the ITU employees.

But not only salaries at ICANN are costing the domain industry and registrants a fortune. Many of the recently de-accredited registrars owed ICANN large amounts of money. And yet ICANN decided to wait and not require an earlier payment of the fees. Most likely this money will never be seen by ICANN now, and thus the rest of the community will have to pay for it.

The board has recently decided to release $1.5 million from the existing budget contingency in order to cover operating expenses for the 2010 budget. In addition the board “requests the CEO and his designated staff to closely monitor expenditures and forecasts for FY10“.

See the details for ICANN top staff compensation after the jump.

President and Chief Executive Officer

Rod Beckstrom was appointed ICANN’s President and Chief Executive Officer, as well as a member of the Board of Directors, effective 1 July 2009. ICANN and Beckstrom entered in to a three year employment agreement effective 1 July 2009. Under the terms of the agreement Beckstrom is paid a base salary of US$750,000 per year, additional at risk compensation of up to US$195,000 per year, and coverage under vacation, health and welfare plans including medical, dental, vision, life insurance and a 401(k) retirement plan as ICANN makes available to its staff.

Chief Operating Officer

Mr. Doug Brent was appointed as Chief Operating Officer on 13 December 2006. Brent’s compensation consists of a base salary of US$270,000 per year, a housing allowance of $24,000 per year which is tax neutralized, additional at risk compensation of up to 48 percent of base pay each year, and standard coverage under vacation, health and welfare plans including medical, dental, vision, life insurance and a 401(k) retirement plan as ICANN makes available to its staff.

General Counsel and Secretary

Mr. John Jeffrey was appointed as General Counsel and Secretary on 2 September 2003. Jeffrey’s compensation consists of a base salary of US$230,000 per year, additional at risk compensation of up to 30 percent of base pay per year, and standard coverage under vacation, health and welfare plans including medical, dental, vision, life insurance and a 401(k) retirement plan as ICANN makes available to its staff.

Senior Vice President, Services

Mr. Kurt Pritz was appointed as Vice President, Business Operations on 2 September 2003. Pritz was appointed Senior Vice President, Services on 13 December 2006. Pritz’ compensation consists of a base salary of US$245,000 per year, additional at risk compensation of up to 30 percent of base pay per year, and standard coverage under vacation, health and welfare plans including medical, dental, vision, life insurance and a 401(k) retirement plan as ICANN makes available to its staff.

Chief Financial Officer

Mr. Kevin Wilson was appointed as Chief Financial Officer on 26 June 2007. Wilson’s compensation consists of a base salary of $170,000 per year, additional at risk compensation of up to 20 percent of base pay per year, and standard coverage under vacation, health and welfare plans including medical, dental, vision, life insurance and a 401(k) retirement plan as ICANN makes available to its staff.

ICANN Compensation Practices (PDF)

[Thanks to Rod Beckstrom, George Kirikos]

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