RE: Rick's Compensation - BidenLaptopEmails

SUBJECT:

RE: Rick's Compensation

PRI: NORMAL

FROM:

R

rrussell@russellgroupdc.com

DATE:

2014-04-24 18:54:56

MSG_ID:

<878f71f9733e460b937ae5ba29fc7465@BLUPR06MB611.namprd06.prod.outlook.com>

RECIPIENTS:

TO:

B

Bonnie Raquet <beraquet@aol.com>

H

Hunter Biden <hbiden@rosemontseneca.com>

S

Samuel Sandy Berger <sberger@albrightstonebridge.com>

CONTENT: TEXT: YES | HTML: YES

PROCESSED

Hunter, totally agree. Thanks for handling. Randy

From: Hunter Biden [mailto:hbiden@rosemontseneca.com]
Sent: Thursday, April 24, 2014 2:47 PM
To: Samuel Sandy Berger; Bonnie Raquet; Randy Russell
Subject: Rick's Compensation

Dear Members of the Executive Committee, (Sandy, Bonnie & Randy)
In accordance with Rick's annual performance review, I suggest that we also review his current compensation. The last compensation review was conducted in December 2012 where we agreed to increase his annual salary by 10% from $260 to $286K. I recommend that we increase his annual compensation from $286 to $305K (an increase of approximately 7%), retroactive to February 1st (his anniversary date). According to WFP USA's HR Department, the range for CEO compensation within similar organizations in the DC area is $270-310K. Please confirm that you agree with this recommendation. Thank you.
All the Best,
Hunter

R. Hunter Biden
Rosemont Seneca Partners
Washington D.C.
202-333-1880

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THREAD:

TOPIC: Rick's Compensation

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