Historical Resolution Tracking Feature » 2010-09-25 - Appointment of Akram Atallah as Chief Operating Officer

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.

2010-09-25 - Appointment of Akram Atallah as Chief Operating Officer

Resolution of the ICANN Board
Topic: 
Appointment of Akram Atallah as Chief Operating Officer
Summary: 

Appointment of Akram Atallah as Chief Operating Officer

Category: 
Administration and Budget
Meeting Date: 
Sat, 25 Sep 2010
Resolution Number: 
2010.09.25.08 and 2010.09.25.09
URL for Resolution: 
http://www.icann.org/en/minutes/resolutions-25sep10-en.htm#7
Status: 
Complete
Implementation Actions: 
  • None
Resolution 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.

Additional Information: 
  • The resolution does not address funding for the items identified therein.