- Category: Administration and Budget
- Topic: Appointment of Akram Atallah as Chief Operating Officer
- Board meeting date: 25 September 2010
- Resolution number: 2010.09.25.08 and 2010.09.25.09
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/resolutions-25sep10-en.htm#7
- Status: Completed
Summary
Appointment of Akram Atallah as Chief Operating Officer
Text
Whereas, the attraction and retention of high calibre staff is essential to ICANN’s operations and ICANN desires to ensure competitive compensation for staff.
Whereas, Akram Atallah has been identified through a vigorous global search and senior management agrees that he is the right candidate to fill the role of Chief Operating Officer.
Whereas, independent market data provided by the outside compensation consultants indicates that the base compensation for a Chief Operating Officer would fall between [redacted] at the 50th percentile and [redacted] at the 75th percentile.
Whereas, independent market data provided by the outside compensation consultants indicates that the overall compensation for a Chief Operating Officer would fall between [redacted] at the 50th percentile and [redacted] at the 75th percentile. [redacted]
Whereas, the Compensation Committee has recommended that the Board appoint Akram Atallah as the Chief Operating Officer and approve the suggested compensation package.
Resolved (2010.09.25.08), the Board hereby appoints Akram Atallah as an Officer of the Company in the position of Chief Operating Officer effective 20 September 2010.
Resolved (2010.09.25.09), the Board authorizes a starting compensation package for Akram Atallah to consist of: (i) a base salary of $350,000 USD per year; (ii) a bonus opportunity of 30% of base salary per year to be paid in a manner consistent with other U.S. based staff and in accordance with the company’s bonus program; and (iii) the standard benefit programs made available to all other regular full time U.S. based staff.
Implementation Actions
- None
Other Related Resolutions
- Nonecom
Additional Information
- 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.
