More details on ICANN’s CEO handover
ICANN has published more information on its change of CEO, which saw Göran Marby’s shock resignation last week.
Interim CEO Sally Costerton has been employed on an automatically renewing six-month contract that will only end if she quits, is fired, or a permanent replacement is found.
The ICANN board of directors has approved a “monthly stipend”, a bonus payment while she holds the interim position, but the amount, based on advice from compensation consultancy Willis Towers Watson, was not disclosed.
In fact, Costerton’s salary has never been disclosed in the decade she has worked for the Org. It is assumed that she is paid via the UK-based company she set up with her husband around the same time she was hired by ICANN.
That company, Sally Costerton Advisory Ltd, had about £1.3 million ($1.6 million) in net assets as of March, company records, which include no income statement, show. ICANN’s tax returns, which report executive salaries, do not reflect any payments to the company.
The board’s resolutions also confirm that Marby, who will stay as a consultant until May 2024, has will have his contract renegotiated, but the terms were redacted.
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