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Article: PROFITS AND THE DIRECTORS' CUT
- Article from:
- The Sunday Herald
- Article date:
- May 3, 2009
CopyrightCopyright 2009 The Sunday Herald. Provided by ProQuest LLC. (Hide copyright information)
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After years of ever-increasing executive pay, Scotland's so-
called 'fat cats' are finally being called to account. In a special
investigation, Steven Vass examines which of the country's top
bosses are giving good value . . . and who isn't
WHEN STV chief executive Rob Woodward announced last month that
he and his senior team were taking pay cuts for the rest of the
year, they claimed to be taking their share of the pain being felt
in broadcasting. The move also happened to follow the company's
eyebrowraising announcement only days earlier that Woodward and co
had paid themselves handsome bonuses for meeting their self-devised
"key performance indicators" in 2008, with the chief executive ...