The ICANN CEO has announced intentions to step down from the helm in March 2016, it is not clear what has caused his resignation but speaking to AFP, Chehade said he has accepted a job in the private sector, outside of the domain name space which ICANN supervises. He promised to disclose the name of his new employer later this year, saying that his focus now remains on ICANN.
Just last year the Board had extended Chehade’s tenure by two years to June 30 2017 and also increased his salary by 12.5 percent.
Here is the surprise announcement from ICANN
The Internet Corporation for Assigned Names and Numbers (ICANN) today announced that President and CEO Fadi Chehadé 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).
At the request of the Board, Chehadé will be available to work closely with ICANN after March 2016 to support the transition to a new leader, as well as to advise the Board on any issue they require including the implementation of the IANA Stewardship Transition from the US Government to ICANN and the technical operating community.
“I want to thank Fadi for his strong commitment,” said Dr. Stephen Crocker, Chair of the Board of Directors. I am very confident that with Fadi’s continued leadership and ICANN‘s very experienced management team who have the breadth to ensure that ICANN continues to manage its key responsibilities effectively, that the organization’s work will proceed smoothly.”
“I am deeply committed to working with the Board, our staff, and our community to continue ICANN‘s mission as we still have much to accomplish,” said Chehadé. “During the remaining 10 months of my tenure, it’s business-as-usual. My priority remains to continue strengthening ICANN‘s operations and services to the global community.”