Subject: Thanks and follow-up on compensation review
From: "Rick Leach" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Cc: <[email-masked]>
Date: Thu, 24 Apr 2014 12:45:54 -0400

Hunter - thanks again for leading our LBL effort and for taking time to appear on Andrea Mitchell - you were great (as usual).  As discussed, following is a suggested email that you could send to members of the Executive Committee concerning the compensation review.

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

Email addresses for Sandy, Bonnie & Randy are:
Samuel Berger:  [email-masked]<mailto:[email-masked]>
Bonnie Raquet:  [email-masked]<mailto:[email-masked]>
Randy Russell:  [email-masked]<mailto:[email-masked]>

Thank you very much.
All the Best,
Rick

Richard Leach
President & CEO

World Food Program USA
1725 Eye Street NW, Suite 510
Washington, DC 20006
T 202.530.1694
F 202.530.1698
[email-masked]<mailto:[email-masked]>