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Dec 6, 2008, 8:51 GMT

De Villiers to leave ATP a million-dollar man

New York - Outgoing ATP boss Etienne de Villiers will exit the organisation at the end of the year as a million-dollar man after salaries in the exective row were revealed by an American trade publication. The Sports Business Journal reported that the South African whose reign atop the game for the past three years has been controversial, earned 1 million dollars (785,000 euros) in 2007, up one-third from his 2006 salary. Filings to US tax authorities obtained by the publication also showed that salaries in the executive suite rose by 10 percent in 2007 as the worldwide financial crunch began to bite. Second on the rich list was Richard Davies, the boss of ATP Properties, with 635,769 dollars, while the right-hand man of de Villiers, accountant Philip Galloway, took away 495,275. CEO candidate Mark Young, the company lawyer who led the successful courtroom attack on the Hamburg Masters over the summer, earned 475,287 dollars, just 13 dollars more than his Australian rival for the top spot to be vacated by de Villiers, Brad Drewett (475,275). The ATP board is reportedly due to meet in New York this month to try and determine a replacement for the former Disnesy executive De Villiers.

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