With the union preparing to tally votes next week for its first national election since the merger, SAG-AFTRA‘s recent annual report shows both an increase in its national director’s pay and the organization’s debt. The 448-page report (read it here) shows that David White‘s pay increased 15% in fiscal 2012 to $541,000. The exec director, who shared responsibilities with the now-departed Kim Roberts Hedgpeth, made $470,500 during the previous fiscal year. While White’s pay went up, SAG-AFTRA’s debt also rose during fiscal 2012, which ended April 30. The report submitted to the Department of Labor shows that the union owes $132.26 million in “funds held in trust for others.” That’s up by nearly a third from the $100.48 million it reported in the same category for the previous fiscal year. The report offers no breakdown as to why the sum increased. “The increase in these funds is primarily due to more and larger producer’s deposits received over the last fiscal year,” said a union spokesperson today. The report, with its increases in staff expenditures and such owed amounts, comes as the union is being sued by former SAG president Ed Asner and others for $110M in allegedly unpaid foreign residuals.
SAG-AFTRA Increased Exec Director’s Pay And Union’s Funds In Trust In Fiscal ’12
What's Hot on Deadline
'The Last Jedi' Now Opening To $216M-$220M: How Disney Continues To Win With The 'Star Wars' Franchise