Menu
22/09/2009
Search For ITV Boss Stalls Over Pay
It has emerged that salary concerns are holding back a bid by ITV to find a new boss.
Their attempt to hire a new Chief Executive is stalling over the preferred candidate - said by the Daily Telegraph to be the former BSkyB boss Tony Ball - who is asking for a deal worth £30m over five years.
However, ITV's shareholders are unwilling to endorse such a generous pay package.
ITV is said to be working on a 'Plan B' - offering the position to current director of television Peter Fincham.
However, the station has declined to comment on the speculation.
ITV's existing boss, Michael Grade will step down from his current executive role to become a non-executive chairman before the end of the year.
The broadcaster needs action as it suffered a £105m loss for the first six months of the year in August after falling advertising revenues hit the company hard.
(BMcC/GK)
Their attempt to hire a new Chief Executive is stalling over the preferred candidate - said by the Daily Telegraph to be the former BSkyB boss Tony Ball - who is asking for a deal worth £30m over five years.
However, ITV's shareholders are unwilling to endorse such a generous pay package.
ITV is said to be working on a 'Plan B' - offering the position to current director of television Peter Fincham.
However, the station has declined to comment on the speculation.
ITV's existing boss, Michael Grade will step down from his current executive role to become a non-executive chairman before the end of the year.
The broadcaster needs action as it suffered a £105m loss for the first six months of the year in August after falling advertising revenues hit the company hard.
(BMcC/GK)
Related UK National News Stories
Click here for the latest headlines.
13 May 2004
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
28 September 2009
ITV Boss's Pay Deal Refused
After a £30m salary demand by former Sky boss, Tony Ball, stymied negotiations for him to join ITV as its new chief executive, the broadcaster's board is looking elsewhere.
ITV Boss's Pay Deal Refused
After a £30m salary demand by former Sky boss, Tony Ball, stymied negotiations for him to join ITV as its new chief executive, the broadcaster's board is looking elsewhere.
21 November 2006
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
30 October 2009
New Look For ITN
ITV News will unveil a new look across all of its national programmes from Monday, which will be supported by a major on and off-air marketing campaign promoting news throughout the schedule.
New Look For ITN
ITV News will unveil a new look across all of its national programmes from Monday, which will be supported by a major on and off-air marketing campaign promoting news throughout the schedule.
16 October 2009
ITV Boss Slams Media Coverage
The Executive Chairman of ITV, Michael Grade has hit out at media coverage over the broadcaster's difficulties in recruiting two senior executives. The outgoing ITV boss is insisting that the broadcaster is merely going through the typical "ups and downs" of senior recruitment.
ITV Boss Slams Media Coverage
The Executive Chairman of ITV, Michael Grade has hit out at media coverage over the broadcaster's difficulties in recruiting two senior executives. The outgoing ITV boss is insisting that the broadcaster is merely going through the typical "ups and downs" of senior recruitment.
-
Northern Ireland WeatherToday:A dry day with any low cloud and mist clearing during the morning leaving long spells of warm sunshine. Breezy at times around the coast. Maximum temperature 20 °C.Tonight:A fine end to the day with some sunshine, then clear spells overnight. Low cloud could form around some Irish Sea coasts later in the night. Minimum temperature 8 °C.
