WGAW files late report on financials
EmptyThe WGA West has filed overdue financials showing a 12-month salary of $228,221 for executive director David Young, who is negotiating a new pay package and performed current duties for just half the reporting period and on an interim basis.
Young was named executive director Aug. 3, almost a year after replacing six-year veteran John McLean in the post on an interim basis in September 2005. He was paid in his former capacity of WGAW chief organizer before his interim exec director appointment.
Young declined to discuss details of his proposed new pact.
WGA East exec director Mona Mangan was paid $418,391 for a 12-month period ending March 31, the same period as for the WGAW, according to a report filed June 30. The WGAW report was late by several weeks because of new U.S. Labor Department requirements that are vastly more complicated than in previous years, a guild spokeswoman said.
The WGAW paid McLean $450,684 in gross salary for a 12-month period ending March 31, 2005. The 68-page filing used in that reporting period ballooned to a 128-page disclosure statement in the latest report, known as an LM-2 labor organization annual report.
Among other data disclosed in the filing, the guild said it entered the reporting period with $57.6 million in total assets and had $57.2 million in assets at the end. Its liabilities went from $26.8 million to $26.5 million.
Separately Thursday, word circulated of new extensions to current work agreements for some key execs at SAG.
The guild's acting national exec director Peter Frank, deputy national exec director Pamm Fair and general counsel Duncan Crabtree-Ireland each were given one-year contracts bearing severance clauses, according to a well-placed source. The move was aimed, the source said, at ensuring the execs' continued services under newly appointed SAG exec director Doug Allen, who starts Jan. 8.