ICANN salary porn: 2021 edition
It’s that time of year again when ICANN publishes its tax returns and we all get to ogle the phat paychecks its top brass are cutting themselves with domain registrants’ money.
Headlining, CEO Göran Marby actually got paid a bit less in fiscal 2021, which ended last June, than he did the previous year — $908,674, plus another $68,866 from “other” sources.
That total of $977,540 is lower than the total of $1,059,222 he received in fiscal 2020, largely due to receiving about $94,000 less in bonus payments.
Marby was given a 5% pay raise in February 2021, though not without some director dissent.
The Form 990 goes on to disclose the salaries of 35 ICANN management and directors, showing that 19 of them make over $300,00 a year. Five, including Marby, receive over half a million dollars.
Directors, if they choose to draw a salary, take home a flat $45,000, which is sometimes paid to their companies instead. Chair Maarten Botterman had $75,000 paid to his consulting company.
The filing reveals that VP Cyrus Namazi, who left the Org during the period after attracting sexual harassment complaints from at least two female colleagues, was given a $375,000 golden parachute.
And former COO Susanna Bennett was given $380,380 in severance payments, despite the fact that her departure was originally described by Marby as her own voluntary decision.
Law firm Jones Day was the best-paid contractor, billing $8,769,608 in the year. That was up from $5,513,028 in the previous year.
Software developers Architect, Zensar and OSTechnical received $2,769,856, $1,396,232 and $1,093,070 respectively, presumably for work on the ICANN web site.
ICANN’s revenue for the year was $163,942,482, of which $97.5 million came from registrars and registries.
The Org had $555,804,201 in assets at the end of the year.
You can download the forms here.
Time for some more ICANN salary porn
ICANN has filed its tax return for its fiscal 2018, so it’s once again that time of the year in which the community gets to salivate over how much its top staffers get paid.
The latest form 990, covering the 12 months to June 30, 2018, shows that the top 21 ICANN employees were compensated to the tune of $10.3 million, an average of $492,718 each.
That’s up about 4% from $9.9 million in the previous year, an average across the top 21 staffers of $474,396 apiece.
These numbers include base salary, bonuses, and benefits such as pension contributions.
Employee compensation overall increased from $60 million to $73.1 million.
The biggest earner was of course CEO Göran Marby, who is now earning more than his immediate predecessor Fadi Chehadé but a bit less than last-but-one boss Rod Beckstrom.
Marby’s total compensation was $936,585, having received a bonus of almost $200,000 during the year. His base salary was $673,133.
The number of staffers receiving six-figure salaries increased from 159 in fiscal 2017 to 183 — about 44% of its estimated end-of-year headcount.
Towards the end of the reported year, as ICANN faced a budget crunch, many members of the ICANN community had called on the organization to rein in its spending on staff.
ICANN says it targets compensation in the 50th to 75th percentile range for the relevant industry.
The top five outside contractors in the year were:
- Jones Day, ICANN’s go-to law firm. It received $5.4 million, down from $8.7 million in 2017.
- Zensar Technologies, the IT consultancy that develops and supports ICANN software. It received $3.7 million.
- IIS, the Swedish ccTLD registry, which does pre-delegation testing for new gTLDs. It received $1.3 million.
- Iron Mountain, the data escrow provider. It received $1.1 million.
- Infovity, which provides Oracle software support. It received $1 million.
The return shows that ICANN made a loss of $23.9 million in the year, on revenue that was down from $302.6 million to $136.7 million.
The primary reason for this massive decrease in revenue was the $135 million Verisign paid for the rights to run .web, at an ICANN last-resort auction, in ICANN’s fiscal 2017.
The tax form for 2018 can be found here (pdf) and 2017’s can be found here (pdf).
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