The Form 990 for 2014 shows that former WCIRB SVP and CIO Raj Marwah was paid $100,000 in 2014 even though his employment with the WCIRB terminated November 21, 2013 (based upon the Form 990 for 2013 completed by the WCIRB). Under California law all wages due employees are to be paid when the employment relationship ends.
There has been speculation that the $100,000 payment, based on the even amount of the payment and the fact that it was paid in the year following the end of the employment relationship, related to a severance settlement or resolution of some dispute or issue of litigation. Raj Marwah received reportable compensation from the WCIRB of $133,846 in 2012 and $252,557 in 2013. Accordingly, the $100,000 doesn't seem to be attributable to "forgotten" vacation pay.
Bill Mudge's first outside hire to join his executive team seems not to have worked out so well.
