Stories
Slash Boxes
Comments

SoylentNews is people

posted by n1 on Saturday May 23 2015, @08:27AM   Printer-friendly
from the pick-a-revolving-door dept.

ICANN CEO Fadi Chehade has surprised the internet community by announcing he will step down from the job after just three years in the post.

In an announcement on the domain name overlord's website, the organization said that Chehade has "informed the Board he will be concluding his tenure in March 2016 to move into a new career in the private sector (outside the domain name industry)".

The timing is unusual in two respects. Firstly, it means there are 10 months between now and when he will leave. Most executive contracts had a one-year or nine-month leaving clause, so Chehade either informed the Board of his intent two months ago, or the Board has decided to announce the decision immediately. Secondly, the March 2016 leaving date means that Chehade will, most likely, no longer be CEO when ICANN takes over the critical IANA contract from the US government for the first time.

That contract is due to expire in September but everyone expects the handover to take longer and the US government itself asked the internet community earlier this month to give it a realistic deadline for when they will be ready. It is possible that the internet community will be ready by March 2016 — and ICANN has a meeting scheduled for 6-11 March in Marrakech — but at the moment it looks more likely that a 30 June date will be the final one, meaning Chehade will miss out on being able to claim the transition as a legacy of his time as CEO.

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Funny) by c0lo on Saturday May 23 2015, @11:30AM

    by c0lo (156) Subscriber Badge on Saturday May 23 2015, @11:30AM (#186829) Journal

    Wild guess: Chehade refused some bullshit and "I'LL QUIT!"

    I guess the 12% raise last year [icann.org] didn't jump enough ahead the inflation
    When's that quantitative easing due to slow down, guys?

    --
    https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
    Starting Score:    1  point
    Moderation   +1  
       Funny=1, Total=1
    Extra 'Funny' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3