Group chief executive Robin Miller walked away with 412,686 pay in the financial year to the end of March. It was a 31 per cent increase on 1994/95 and substantially more than he earned in his first job with EMAP as a reporter on Motor Cycle News in 1965. By 1976 he had joined the EMAP board and has spent the past 11 years as group chief executive. In the most recent outbreak of boardroom tension his relationship with group managing director David Arculus has come under the microscope. The relationship is said to be strained.
Cambridge-educated Arculus is the cheese to Miller’s chalk which goes some way to explaining the persistent rumours that the two do not get on. Arculus joined EMAP in 1972 after a stint as a producer at the BBC. Ironically his career followed that of Miller. He replaced him as general manager of the magazine division in 1976 and then became deputy chief executive under Miller in 1985.
EMAP engineered some room between the two in 1990 by making Arculus group managing director. Most recently, he was linked with the vacant chief executive role at the Pearson Group but lost out to Marjorie Scardino. He also comes second to Miller in the EMAP payment league, picking up 360,640 in the year to the end of March. But his non-executive director roles at Norcros plc and Severn Trent Water may go some way to meeting the shortfall. That might not be enough to keep him at EMAP however.
Hoskyns’ list of other non-executive positions includes, chairman of the Burton Group and director of Clerical Medical & General Assurance Society. He collected a 76,700 salary for his EMAP duties in the last financial year.