- Category: Administration/Budget
- Topic: Compensation Review for Kurt Pritz and John Jeffrey
- Board meeting date: 23 June 2010
- Resolution number: 2010.06.23.01, 2010.06.23.02
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-23jun10-en.htm
- Status: Complete
Summary
Approved compensation adjustments for Kurt Pritz and John Jeffrey
Text
Whereas, the retention of high calibre staff is essential to ICANN’s operations and ICANN desires to ensure competitive compensation for staff.
Whereas, it has been three years since Kurt Pritz and John Jeffrey have had a compensation review.
Whereas, independent market data provided by the outside compensation consultants indicates that the compensation for Kurt Pritz and John Jeffrey is below ICANN’s compensation policy of
compensating executives in the salary span of the 50th to 75th percentile of the for-profit market place.
RESOLVED (2010.06.23.01), the Board authorizes the CEO to make compensation adjustments for the compensation year commencing 1 March 2010, for Kurt Pritz, Senior Vice President, Services, in accordance with the independent study on comparable compensation received, subject to a limitation that his annual base salary shall not increase more than 15% per annum from its current rate for this year.
RESOLVED (2010.06.23.02), the Board authorizes the CEO to make compensation adjustments for the compensation year commencing 1 March 2010 for John Jeffrey, General Counsel and Secretary, in accordance with the independent study on comparable compensation received, subject to a limitation that his annual base salary shall not increase more than 15% per annum from its current rate for this year.
Implementation Actions
- Complete compensation adjustments
- Responsible entity: ICANN CEO
- Due date: None specified
- Completion date: July 2010
Other Related Resolutions
- To be determined
Additional Information
- Additional information on ICANN officer compensation is available at ICANN Compensation – March 2011
- The resolution does not address funding for the items identified therein.
Explanatory text does not modify or override Resolutions. See Board Resolutions Page for more information.
