Summary
MICHAEL Green, the former chairman-elect of ITV, was paid GBP 15 million by Carlton Communications after shareholders forced him to stand down from the job last summer.
Green, who never signed a formal contract with Carlton in his 20 years at the company, picked up GBP 13.2m in shares triggered by the merger with Granada. That came on top of a GBP 1.8m compensation package he received for loss of office.See the full content of this document
Extract
Itv's Gbp 15m Pay-Out to Green Sparks Fresh Row
The payments were approved at the Carlton AGM in January and were made on top of his sal...
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