Sacked Pearl Jam Financial Officer Sentenced To Prison

2 March 2014 | 2:06 pm | Staff Writer

He's serving 14 months for $300,000 theft

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The Seattle Times has reported that Rickey Goodrich, a former Financial Officer for Pearl Jam's management company, has been sentenced to 14 months in prison.

Goodrich was found guilty of embezzling more than $300,000 over a three-year period. The long term stint behind bars is considered "at the high end of the standard sentence range for first-degree theft". The judge was wanting to send a clear message that insider-theft crimes are "devastating to an organization".

Having initially been charged with 33 counts of theft, Goodrich eventually pleaded guilty to six counts of "first-degree theft". 

Goodrich had used the money stolen from Pearl Jam's management "to pay personal debts and fund lavish family vacations, spa treatments, life insurance and pricey California wines." It's also been reported that he used the company credit card on Amazon and iTunes purchases as well as hotels and restaurants, and airplane tickets.

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Goodrich had worked for Pearl Jam since 2005, when he was originally hired by Pearl Jam Touring Co before taking up the Financial Officer post with Curtis Inc, a management business headed up by Pearl Jam's manager Kelly Curtis.