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 In an unprecedented move for an international sports organization,
the IOC said it had approved the IOC Ethics Commission's proposal
and demand to make it public as part of its Agenda 2020 reforms
process.
The announcement will no doubt pile pressure on other sports
organizations, including world football's governing body FIFA, which
has staunchly refused to publish the salaries and bonuses of top
staff including under-fire President Sepp Blatter, also an IOC
member.
The IOC Ethics Commission, which had urged the IOC to immediately
publish its approved compensation policy also called on other
Olympic sports organizations to follow suit.
Under the policy, the IOC president, who does not get a salary, will
be compensated with a flat annual amount of 225,000 euros ($243,540)
to cover his expenses.
"According to the obligations and rights attributed to him in the
Olympic Charter, the IOC President has the function of an Executive
President. Therefore, the President is on a mission for the IOC 365
days a year," the Ethics Commission said.
"The President will receive neither the fixed annual support nor the
daily indemnity related to all commission meetings or other missions
that he is entitled to as IOC member," it said.
"Instead of this, to cover some of the President's personal costs
related to the execution of his function, the ethics commission is
fixing a single annual fixed amount linked to inflation of Euro
225,000 -- as indemnity."
IOC Executive Board members and commission heads will receive $900
(607 pounds) per day with simple IOC members $450 a day. An annual
administrative support of $7,000 is added for each member, while
travel and accommodation is covered by the IOC.
The IOC Ethics Commission chairman, in a separate letter to all IOC
members, said the new indemnities policy would further increase
transparency.
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"Your wish for greater transparency has been reflected in the IOC's
presentation of its finances using the highest international
standards," Youssoupha Ndiaye said in the letter.
"It must also be reflected in all other aspects of the IOC's
management, particularly with regard to the policy on the
indemnities allocated to IOC members."
"The IOC Ethics commission invites all sports organizations of the
Olympic movement to establish a similar policy and make this public,
in order to increase transparency within the sports movement."
The IOC's Agenda 2020 reforms, approved back in December, aim to
make the Olympics more attractive, reduce cost of the Games, change
the sports program more quickly to keep the event relevant to
younger audiences while also making the IOC more transparent.
(Editing by Sudipto Ganguly)
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