CompTIA Executive Compensation: Big Profits From Nonprofits

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Four years ago a CRN investigative report revealed the Computing Technology Industry Association, better known as CompTIA, was paying high salaries to its top executives, including a controversial $1 million bonus to then-CEO John Venator in 2006, despite the association’s status as a nonprofit and tax-exempt organization. Following that report, CompTIA made major changes to its leadership team, replacing virtually all top executives and board members with new faces.

But a new CRN investigation has revealed little if anything has changed about the way CompTIA operates. Case in point: Venator earned another million-dollar compensation package at CompTIA in 2009 — a year after he had stepped down as chief executive.

Even under a new leadership team, CompTIA has continued to pay out the kind of compensation that earned the organization scrutiny four years ago.

BROKEN PROMISES
Even after Venator’s 2006 bonus of $1 million came to light and CompTIA pledged to make changes to its compensation model, the organization’s 990 tax returns indicate that not much actually changed, CRN found. In 2008, Venator earned a base salary of just $99,813 before stepping down as CEO on Sept. 1. But his total compensation for the year, which included a nearly $300,000


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