Greed: David Miliband’s IRC Lost 40% Of Revenue. Did He Reduce His US$1.3 Million Salary, Return US$150,000 Bonus, Eliminate US$50,000 Housing Allowance? No. He Asked Companies For More Money.
David Miliband’s IRC Lost Nearing 40% Of Its Revenue.
First Response Was To Ask Others To Replace It Rather Than Have Staff, Including Himself, Take Cuts In Salaries And Benefits.
Does He Need US$1.253 Million Salary To Do His Job? Would He Leave If Only Paid US$750,000.00? US$500,000.00?
US$50,000.00 Housing Allowance?
US$150,000.00 Bonus When United States Taxpayers Are Providing Nearly Half Of It?
Nine Senior Management Near Or Exceed US$400,000.00 In Annual Compensation
When companies, individuals, and organizations endure an unexpected and rapid decline in income, the first response is normally to immediately reduce expenses. That is not always the case. Not for one not-for-profit and non-governmental organization.
The New York, New York-based International Rescue Committee, Inc., (IRC) which reported revenues of US$1,579,999.00 in 2024, received approximately 50% of its annual revenues from the Washington DC-based United States Agency for International Development (USAID).
In 2024, the IRC reported receiving US$744,806,000.00 from “U.S. federal and local government agencies” along with US$282,001.00 from “European agencies”; US$84,606,000.00 from “United Nations agencies” and US$43,171,000.00 from “Other agencies.”
The Trump-Vance Administration (2025-2029) has dismantled much of the USAID infrastructure and suspended many of its programs and much of its monetary disbursements. This has impacted the IRC.
The response from David Miliband, Director, President, And Chief Executive Officer of the IRC was to espouse in every public forum available that now was the time to “reform together” and “Let’s deliver value together”
For 2022, the IRC reported Mr. Miliband received US$818,952.00 in Base Compensation, US$150,000.00 in Bonus & Incentive Compensation, US$224,618.00 in Other Reportable Compensation, US$32,025.00 in Retirement And Other Deferred Compensation, And US$28,133.00 In Nontaxable Benefits. Total US$1,253,728.00.
Interestingly, all senior management, including Mr. Miliband, report working precisely 37.50 hours per week. Other highly-compensated senior management at IRC include:
Madlin Sheerman, Senior Vice President, Operations & Strategy, US$469,160.00 plus US$59,306.00; Oscar Raposo, CFO, SVP Finance, Treasurer, US$432,340,00 plus US$59,256.00; Ciaran Donnelly, SVP International Programs US$407,363.00 plus US$63,459.00; Madeleine Fackler, Chief Information Officer US$396,049.00 plus US$53,970.00; Brian Johnson, Chief HR Officer US$372,309.00 plus US$58,170.00; Zain Habboo, Chief Mobilization & Marketing Officer US$389,385.00 plus US$30,074.00; Ourania Dionysiou, Vice President IPP and GPPS US$367,366.00 plus US$41,440.00; Susan Ringler, Chief Ethics and Compliance Officer US$339,378.00 plus US$44,288.00; Johannes Van De Weerd, SVP Resettlement Asylum and Intergration US$334,189.00 plus US$38,404.00; Angela M. Freyre, Senior Vice President and General Counsel US$136,319.00 plus US$12,524.00
Statements From Mr. Miliband
“[t]here needs to be a new global bargain about how to address symptoms of political failure, which are humanitarian needs of a high and growing kind. The core of the argument is that if you want to enjoy the fruits of globalization, you need to bear the burdens.”
“The US has long been the anchor of the global aid system. The anchor has been pulled up.”
“We need the corporate sector to help us invest in solutions, because investing in solutions takes risk, and risk is not something that governments find easy.”
Media Reporting: The IRC has suspended or terminated more than 50% of its United States funded efforts since the Trump-Vance Administration canceled more than 80% of USAID programs.
