ICANN Consults on Board Member Compensation
Purpose (Brief): To seek public comment on Recommendations about Board member compensation, including the proposed Bylaws revisions that would allow non-voting Board liaisons to accept compensation if approved by the voting Board members. Detailed Information
The Board has committed to regularly review the reasonableness of Board member compensation. In furtherance of this commitment, the Board engaged the Independent Valuation Expert firm of Towers Watson to provide an updated report on the reasonableness of offering compensation to Board members, as well as the level of the offered compensation.
In addition, the Board has been considering whether to offer compensation to non-voting liaisons to the Board. Absent voting, Board liaisons are asked to spend the same amount of time and make the same level of commitment to the ICANN Board as the voting Board members.
The Independent Valuation Expert Report, and proposed Bylaws changes that would allow ICANN to offer compensation to non-voting Board liaisons, are being posted for public comment.
Since August 2010, ICANN ‘s Board chair has had the opportunity to elect compensation, and since December 2011, all voting members of ICANN ‘s Board have had the choice whether to accept compensation. The resolutions approving such compensation can be found at www.icann.org/en/groups/board/documents/resolutions-05aug10-en.htm#5 and www.icann.org/en/groups/board/documents/resolutions-08dec11-en.htm#3, respectively. The decision to consider and approve compensation for Board members followed long-term on-going discussions, including with the community, and was recommended by the Boston Consulting Group (“BCG”) that conducted the Board Review some years ago and by the first Accountability and Transparency Review Team (“ATRT”), among others.
In initially approving, and now reviewing, Board member compensation for voting Board members other than the President and CEO of ICANN (who is compensated pursuant to contract) or the Chair of the ICANN Board (for whom no change in compensation level is recommended), it continues to be imperative that the Board follow a process calculated to pay an amount that is in its entirety Reasonable Compensation for Board services under the standards set forth in §53.4958-4(b) of the Treasury Regulations. The Board has followed particular steps throughout its consideration process to ensure continued establishment and evaluation of Reasonable Compensation.
- Towers Watson April 2014 Report on ICANN Board Compensation [PDF, 3.82 MB]
- Proposed Bylaws Revisions re: Board Compensation [PDF, 97 KB]
Comment / Reply Periods (*)
- Comment Open Date: 2 May 2014
- Comment Close Date: 23 May 2014 – 23:59 UTC
- Reply Open Date: 24 May 2014
- Reply Close Date: 12 June 2014 – 23:59 UTC
Important Information Links
- Public Comment Announcement
- This email address is being protected from spambots. You need JavaScript enabled to view it.
- View Comments Submitted
This ICANN announcement was sourced from:
www.icann.org/en/news/public-comment/bylaws-amend-compensation-02may14-en.htm
ICANN: GDD Update Webinar (New!)
A status update on ICANN’s Global Domains Division focusing on the New gTLD Program and the DNS Industry in general. Specific topics TBD.
- Date/Time: 21 May 2014, 17:00 – 18:00 UTC (10:00am – 11:00am PDT)
- Adobe Connect:https://icann.adobeconnect.com/gdd
- Dial-in Numbers:
- US Toll: 1-210-795-0472, US Toll-free: 877-818-6787
- International Numbers [PDF, 138 KB]
- Questions: Send to
This email address is being protected from spambots. You need JavaScript enabled to view it.
This ICANN announcement with details of previous webinars is available from:
newgtlds.icann.org/en/announcements-and-media/webinars
ICANN Releases New gTLD Contracting Statistics To 2 May
Below are the key Contracting statistics, as of 2 May 2014:
- 1116 applicants have been invited to Contracting
- 542 applicants have responded to their Contracting Information Request invitation
- 467 contracts have been sent out for signature
- 401 Registry Agreements have been signed
- All signed Registry Agreements can be viewed here: www.icann.org/en/about/agreements/registries
View Contracting Statistics From Previous Weeks »
This ICANN update was sourced from:
newgtlds.icann.org/en/announcements-and-media/announcement-02may14-en
April 2014 Highest Reported .COM Domain Name Sales
MI.com was the highest selling .com domain name in April,2014. The domain name changed hands for $3,6 million.
Here are the biggest domain name sales for April 2014:
1. MI.com $3,600,000
2. Flashcards.com $250,000
3. Gab.com $200,002
4.YouPay.com $200,000
5.BOE.com $120,000
6.106.com $107,000
7.Blow.com $80,000
8.Moki.com $66,100
9.Zaker.com $62,100
10.IncomeTaxRefund.com $58,000
11.PopupShop.com $57,000
12.Intensity.com $57,000
13.GolfSwing.com $56,250
14.CitySuites.com $52,300
15.tieCourseFinder.com $50,000
15.tieLEDLightBulbs.com $50,000
15.tiePopcornMachines.com $45,000
15.tiePurch.com $45,000
15.tieTatyana.com $45,000
20.Trade360.com $42,500
Medicare.com Domain Sells for $4.8 Million
eHealth,Inc announced recently that they acquired Medicare.com for $4,8 million in the first quarter of 2014.
The company announced that it paid $4,5 million in cash for the domain name and $0,3 million in receivable from the seller.
According to the most recent public whois records,the seller was Medx Publishing Inc.The domain name was first registered in 1996.
Congratulations to both the seller and the buyer.
