Pearl Jam
Pearl Jam (L-R: Stone Gossard, Mike McCready, Matt Cameron, Eddie Vedder, and Jeff Ament) were fleeced of nearly $400,000 by former accountant Rickey Charles Goodrich REUTERS

A former Pearl Jam executive stole almost $400,000 from the rock band to pay for family holidays, wine and his wife's credit card.

Rickey Charles Goodrich was in charge of managing the band's finances between 2005 and 2010, despite being fired as the band's tour accountant in 2009 following financial discrepancies.

The 55-year-old has been sentenced to 14 months in jail after he pleaded guilty in December to stealing $380,000 from Pearl Jam's management company Curtis Inc.

Goodrich used the credit cards to fund payments to wineries, hotels and spas and to make payments towards his wife's American Express account.

His swindling became apparent after the band set up investigations into its cash flow in 2009. But according to Rolling, even though Goodrich was sacked from his role shortly afterwards, he was re-employed as an accountant in 2010.

Prosecutors said Goodrich had already paid back $125,000 at the time he pleaded guilty last year and will start his sentence on March 14 to allow him time to get his finances in order.