Governing body’s boss reportedly earns around $500,000 per year, plus bonuses.
USA Track & Field announced Tuesday that it has extended the contract of its CEO Max Siegel.
Siegel, who took the position in May 2012, will now be the organization’s boss until at least 2018. Runner’s World reports that his salary is about $500,000 per year, plus bonuses.
One of Siegel’s first orders of business was to add more sponsors to USATF-sanctioned events. In his first two years on the job, the governing body has announced the creation of a national championship 12k — sponsored by Internet company Neustar.
Siegel replaced Doug Logan, who was named CEO in 2008 but was fired two years later by the Board of Directors. Upon his termination, there were three years remaining on his contract. He was awarded a hefty settlement after suing USATF for wrongful termination.
For more: Runner’s World