TEN 0.00% 16.0¢ ten network holdings limited

lachlan is a dud, page-7

  1. jhu
    504 Posts.
    I have been going through the numbers and this stuck out like the proverbial and I had to post it:

    Remuneration Report
    Lachlan Murdock was paid $114,029 salary for 2012. However a footnote stated that he was paid $1.3 million for acting as CEO for 4 months between 1 Sept and 31 Dec 2011.

    Compare this to Warburton who has been paid $1.467 million for 8 months between 1 Jan and 31 Aug.

    Let's ignore the excess being paid for the results. LM was paid the equivalent of double the amount of Warburton was paid. What did LM do for his fee, he supported James's request of dumping sport.
 
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