Top iPad Music Apps (a/o May 23rd):
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That's according to non-profit financial filings with the IRS, shared with Digital Music News this weekend. In year 2009 - the latest available - RIAA president Cary Sherman pulled down a lofty $3,164,591 in compensation, plus another $20,000 in unspecified extras. He was listed as working 50 hours a week (complete filing here).
That easily topped the compensation for Mitch Bainwol - listed
as CEO and Director - who grabbed $1.62 million in total compensation for the year.
But that's not all. Overall, the RIAA is paying $16.2 million in 'salaries, other compensation, and employee benefits' for 2009. And, others are making very comfy salaries. These are the other top compensation packages at the organization for 2009, from the same filing. (We're not sure why the filing lag exists, though these documents were first submitted to the IRS on February 11, 2011.)
Neil Turkewitz (EVP, Int'l), $684,604
Mitch Glazier (EVP, Gov't & Industry Relations), $573,701
Steven Marks (EVP & General Counsel), $570,466
Brad Buckles (EVP, Anti-Piracy), $457, 025
Michele Ballantyne (SVP, Fed. Gov't Relations), $388,893
Deborah Moore (CFO), $313,822
David Hughes (SVP, Technology), $300,897
Jennifer Pariser (SVP Litigation), $294,231
Jonathan Lamy (SVP, Communications), $291,575
Victoria Sheckler (Deputy, General Counsel), $226,662
Comments Closed
@madktc Monday, May 23, 2011
Matthew Downes
The RIAA makes money too, I MEAN BANK
@iancr Monday, May 23, 2011
ian c rogers
How does this job get selected? I'm ready to apply
@sparkycollier Monday, May 23, 2011
Mark Collier
applying for the head of the RIAA was my idea. Look for a takedown notice for your tweet shortly.
@akwaabamusic Monday, May 23, 2011
akwaabamusic
Ewww
@myfearofmusic Monday, May 23, 2011
Rich Holtzman
I will do it for a 50% discount
Maxwellian Monday, May 23, 2011
Oh yeah! how much more cash can go into this bonfire anyway? this has nothing to do with building a new industry and solving problems and everything to do with pillaging some desparate labels. Blavatnik time to pay up on those dues!
Tony Gottlieb Monday, May 23, 2011
What is this, the "FAIL UPWARD" Award winners?
This is a disgrace.
Animal Farm(er) Monday, May 23, 2011
I agree, this is disgusting, especially in current meltdown of music business and economy. they look like porkie the pigs, to quote pink floyd on animals...OINK OINK Mr. Sherman + Bain of our existence WALL. Purely out of touch people who don't have a clue to begin with anyway. Someone should start CHOPPING THOSE SALARIES like State of CA has done with gov't and city employees. THE LUXURY RIDES ARE OVER AT MAGIC MOUNTAIN KIDDIES. Reality check 101. Thank You Paul/DMN for exposing this travesty.
MisterSoftee Monday, May 23, 2011
This is just textbook looting off of the fumes of yesteryear. The RIAA probably won't be around in five years. So why not just ransack the joint before it goes kaboom?
@MadamScarlett Monday, May 23, 2011
MadamScarlett
disgraceful.
@JimSutherland Monday, May 23, 2011
obscene!
@mymusicthing Monday, May 23, 2011
David D'Agostino
looting?
PollyR Monday, May 23, 2011
Agree with everyone! And really what do they do?
aaccardo Monday, May 23, 2011
If the RIAA gets legislation passed that takes the head out of the bell curve of piracy, his salary will be well worth it, not only for the majors that the RIAA represents, but for all the DIY and indie artists as well.
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