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Old 01-23-2011, 09:07 PM   #119
Carl Weisinger
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Join Date: May 2002
Location: Orlando, FL
Posts: 98
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Thumbs up Re: The IRS and NHRA, you gotta see this.

Quote:
Originally Posted by Toby Lang View Post
Part of the complaint says that the NHRA compensation arrangements may be excessive.

As an example they use the 2006 compensation of Mr. Thomas Compton. In 2006 Mr. Compton was paid $712,317. They say the average compensation paid to CEOs at the ten largest trade associations was $642,447. So, Mr. Compton was paid 9.8% more than the average.

I don't know if the NHRA operates like a for-profit business or not, but Mr. Compton's salary doesn't seem that excessive to me when compared with the others. If he were making 30-50% more than the average I would say yes, that's excessive, but less than 10%?

Also, could it be possible that the anonymous client has the initials BN?


-Toby
Tom Compton made over $700,000 a year????? Dang,.... I bet there are some track operators that don't even make that much !! That's getting up there in hemi engine builder
territory !
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