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ICANN board bill tops $2 million

Kevin Murphy, November 1, 2014, 14:00:24 (UTC), Domain Policy

ICANN’s board of directors cost the organization over $2 million in pay and expenses in its fiscal 2014, a document released last night shows.
The total bill for the year ended June 30 was $2,000,609, up 16% on FY13’s $1,721,191 and up 27% on the FY12 figure.
The majority of the expenditure went on travel and other expenses. Just $538,983 went on compensation.
ICANN directors get $35,000 per year basic, plus another $5,000 for each board committee they chair. Board chair Steve Crocker gets $75,000 and accumulated $149,000 in FY2014 expenses.
Six directors chose to receive no compensation whatsoever, though they all racked up travel expenses.
The $2 million total does not include any contribution from CEO Fadi Chehade.
Chehade’s salary was $559,999. He also received $253,826 in bonuses and accumulated expenses totaling $519,421.
FY14 was of course the year in which Chehade and members of the board traveled extensively for outreach related to the IANA stewardship transition process and the NetMundial initiative.

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Comments (1)

  1. Acro says:

    They share the multi-steakholder [sic] model rather well. 😀

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