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June 13, 2006

Getty: New CFO and his nice new salary

Posted by Kim Peterson at 10:08 AM

Seattle-based Getty Images said today it has hired a new chief financial officer and senior vice president, replacing Elizabeth Huebner, who said in December that she would retire in the first half of this year.

Thomas Oberdorf, 49, was officially installed in the position Monday, according to a regulatory filing out today from Getty. He was previously CFO at CMGI, a technology and e-commerce company in Waltham, Mass., and before that held a similar title at BMG Direct, a division of media company Bertelsmann AG.

Oberdorf will be paid $400,000 a year, and could receive yearly bonuses of as much as $160,000. In addition, Getty said it will pay up to $185,000 to relocate Oberdorf, including supplying temporary housing and helping to sell his home and buy a new one here. I'd love to see what kind of temporary housing that kind of money will buy.

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