28 Oct '12, 5pm

ICANN Pays Over $1.5 Million For Director’s Travel & Compensation

During FY12, there were eight face‐to‐face meetings for Board members, including three regular ICANN Meetings (Dakar in October 2011, San Jose in March 2012 and Prague in June 2012), and five Board meetings (Santa Monica in October 2011, Beverly Hills in February 2012, Brussels in March 2012, Paris in April 2012, and Amsterdam in May 2012). In addition, a number of Directors volunteered time, after approval by the Board, to represent ICANN at other meetings and their travel and meeting expenses were reimbursed. Rod Beckstrom’s term as President and CEO of ICANN commenced 1 July 2009 and ended 30 June 2012. Pursuant to his employment agreement, in FY12 he was paid $750,000.00 in salary, $156,000.00 for the FY11 bonus and $86,534.40 in for accrued vacation. He also received reimbursement of expenses of $8,364.25, and $132,174.95 in payments on his behalf for travel related c...

Full article: http://www.thedomains.com/2012/10/28/icann-pays-over-1-5-...

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