- Category: Board
- Topic: Compensation Committee Charter
- Board meeting date: 06 May 2012
- Resolution number: 2012.05.06.03
- URL for Board minutes/resolution: http://www.icann.org/en/groups/board/documents/resolutions-06may12-en.htm#1.3
- Status: Complete
Summary
Approval of the Compensation Committee Charter
Text
Whereas, the Compensation Committee is currently operating under a Charter approved in 2005, available athttp://www.icann.org/en/groups/board/compensation/charter.
Whereas, as part of the Compensation Committee's obligation to review its operations and make appropriate recommendations for updates or enhancements, on 4 May 2012 the Compensation Committee recommended that its Charter be revised to better reflect the Committee's current operations. The revised Charter also incorporates the standard language for Board Committee Charters as previously approved by the Board Governance Committee. Seehttp://www.icann.org/en/minutes/resolutions-06mar09.htm#10.
Resolved (2012.05.06.03), the revised Charter of the Compensation Committee is approved.
Implementation Actions
- None
Rationale
Approving the revised Compensation Committee charter at this time makes sense as the revised version better reflects the current operations of the Committee than the prior version, which was approved in 2005. The Charter also now conforms to all other committee charters. In developing the revised Charter both best practices as well as the actual operations of ICANN's Compensation Committee were reviewed and considered significant to approve the revised charter.
The approval of the revised Compensation Committee Charter should have a positive public effect in that it increases the accountability and transparency of the organization and aligns with the Committee's current activities and best practices. There is no financial impact on ICANN or the community by revising the Compensation Committee Charter. Confirmation of the Compensation Committee's mandate through revision to its Charter does not present any impact on the systemic security, stability and resiliency of the domain names system.
Other Related Resolutions
- Other resolutions TBD
Additional Information
- Information about the Compensation Committee's work is available at http://www.icann.org/en/groups/board/compensation
- 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.
Note: The "Add Comment" box below is for sharing information about implementation of this resolution. Off-topic comments will be removed.
