NEW YORK- The Internet Corporation for Assigned Names and Numbers (ICANN) has finally announced the appointment of Fadi Chehade as the new CEO. Chehade will replace the former national cybersecurity director, Rod Beckstrom.
During ICANN’s selection process, one of their goal was to chose someone who was familiar with how their company functions as well as the organization’s core tasks. Chehade is not only familiar with ICANN’s operations but also has an edge among other candidates because of his diplomatic skills.
In the early days of e-commerce, he was responsible for persuading high-tech companies like IBM and Hewlett-Packard to work with a system called RosettaNet to exchange data. It is worthy to note that both companies belong to the same industry and were competing for customers.
ICANN director Steve Crocker said this experience outweigh the qualities that Chehade lack to be able to lead the company well.
In an exclusive interview with The Associated Press before the announcement, Chehade said his work in RosettaNet prepared him for his new challenge.
“The excitement and satisfaction of reaching agreement between people is tremendous,” he said. “I have a deep bow to achieve consensus.”
Chehade said that when ICANN recruiters invited him in for an interview, he immediately remembered how he enjoyed doing a job that everyone told him was difficult or impossible.
As CEO, he will receive a base salary of $560,000 per year plus up to $240,000 in bonuses based on merit. His tentative start date is on October 1 and his contract runs until July 1, 2015.
Beckstrom is set to leave ICANN on the 1st of July. COO Akram Atallah will serve as the interim CEO until Chehade is ready to step in.
One of the main tasks of Chehade is to lead the company to further expansion in the internet addressing system field. The change affects the way users find the Web sites or send emails and would allow more options for businesses all over the world.