A former executive with Pearl Jam is heading to prison for 14 months after being caught for bilking the band.
The seattlepi.com website reports that 55-year-old Rickey Charles Goodrich pleaded guilty to theft charges in December. He used his position as chief financial officer at Pearl Jam’s management company — Curtis Management — to steal $380,000 (Dh1.39 million) in the four years before he was fired in 2010.
Seattle Police determined Goodrich’s thefts cost the management company $566,000, including investigative expenses. King County prosecutors were prepared to ask that Goodrich be sentenced to six months in prison, if he paid back the band prior to Friday’s hearing. He failed to do so.
Goodrich is expected to report to the Department of Corrections early in March. He was sentenced in King County Superior Court.