Article: PROFITS AND THE DIRECTORS' CUT

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 ...

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