ICANN board bill tops $2 million
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.
They share the multi-steakholder [sic] model rather well. 😀