Historical Resolution Tracking Feature » 2010-06-23 - Officer Compensation Resolutions

Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.

2010-06-23 - Officer Compensation Resolutions

Resolution of the ICANN Board
Topic: 
Compensation Review for Kurt Pritz and John Jeffrey
Summary: 

Approved compensation adjustments for Kurt Pritz and John Jeffrey

Category: 
Administration and Budget
Meeting Date: 
Wed, 23 Jun 2010
Resolution Number: 
2010.06.23.01, 2010.06.23.02
URL for Resolution: 
http://www.icann.org/en/minutes/minutes-23jun10-en.htm
Status: 
Complete
Implementation Actions: 
  • Complete compensation adjustments
    • Responsible entity: ICANN CEO
    • Due date: None specified
    • Completion date: July 2010
Resolution 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.

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.