But The Next Transition Was (Surprisingly) Far More Cost-Effective Thanks To Pelton Refusing Compensation
With the recent public publication of EAA's 2011-2012 IRS Form 990s, details are emerging that show that their first major leadership transition in recent years (in 2011), was a costly one. All told, for the period ending February 29th, 2012, EAA expended some 2,250,395 for the top eight positions specified in their IRS documentation. Some $247,977 was paid out in bonuses, while another $247,390 was listed as 'other reportable compensation.' A rather hefty $947,242 was paid to just two persons.... Rod Hightower and Tom Poberezny... even though Tom departed EAA some 6 months before the end of the period for which this 990 was filed. While Tom's compens