ICANN Resolutions » President and CEO Compensation
Important note: The Board Resolutions are as reported in the Board Meeting Transcripts, Minutes & Resolutions portion of ICANN's website. Only the words contained in the Resolutions themselves represent the official acts of the Board. 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.
President and CEO Compensation
Approval of proposed President and CEO Compensation
Whereas, Akram Atallah will serve as ICANN's President and CEO from 16 March 2016 until Göran Marby begins his term as ICANN's President and CEO, or until Mr. Atallah resigns, is removed, or is otherwise disqualified to serve.
Whereas, the Board has considered the comparability data, advice and counsel provided by independent compensation expert firm Towers Watson with respect to compensation for those holding a President and CEO position, and determined based on that data, to offer Mr. Atallah a bonus for the services he will perform as ICANN's President and CEO that is reasonable compensation for those services in accordance with ICANN's remuneration framework.
Whereas, each Board member has confirmed that he/she does not have a conflict of interest with respect to the bonus payment for Akram Atallah for his service as President and CEO.
Resolved (2015.06.09.13), the Board authorizes the President and CEO, or his designee(s), to take all steps necessary to make bonus payment(s) to Akram Atallah from 16 March 2016 until Göran Marby begins his term as ICANN's President and CEO, or until Mr. Atallah resigns, is terminated, or is otherwise disqualified to serve.
ICANN is in a critical phase that calls for continuity of certain skill and expertise, particularly with ongoing key projects including the New gTLD Program, Affirmation of Commitments reviews, the U.S. Governments' IANA stewardship transition, ICANN Accountability work underway, expanding contractual compliance, and enhanced globalization efforts, among many others. Each of these projects requires a knowledgeable and skilled President and CEO to ensure ICANN's operational goals and objectives are met. Adhering to ICANN's employment philosophy, and providing competitive compensation, will help ensure these goals are achieved.
Continuity and retention of key personnel during key organization phases is beneficial to all aspects of the organization. The Board thanks Mr. Atallah for his service as ICANN's President, Global Domains Division, and his willingness to take on the additional responsibilities of President and CEO for the period from 16 March 2016 until Göran Marby begins his term as ICANN's President and CEO, or until Mr. Atallah resigns, is terminated, or is otherwise disqualified to serve. The Board has determined that it is entirely reasonable and appropriate to authorize the payment of a bonus for the additional services Mr. Atallah has agreed to perform for ICANN.
There will be some fiscal impact to the organization, but that impact will not have an effect on the overall current fiscal year budget. This resolution will not have any direct impact on the security, stability and resiliency of the domain name system.
This is an Organizational Administrative function that does not require public comment.