ITV hunt for CEO hits salary snag

The contest to take the chief executive role at ITV has hit a snag, with frontrunner Tony Ball, a former BSkyB chief, potentially finding himself up against ITV director of television Peter Fincham.

Tony Ball

It has emerged that Ball (pictured) has rejected the estimated £20m package offered to him, claiming that it is too low and angering some shareholders, according to reports.

Instead he is believed to be negotiating a £30m package over five years on top of a £1m a year salary.

Fincham’s name has now been thrown in the ring as an alternative to Ball if the latter does not lower his salary demands.

Fincham had not previously been mentioned as a possible candidate for the position, though he has already been mooted as a potential replacement for Andy Duncan who last Wednesday (September 16) announced his resignation from the chief executive role at Channel 4.

ITV had been expected to name its new CEO to succeed Michael Grade last week, but protracted contractual discussions with Ball is believed to have stalled the process.

Previously, ITV chief operating officer John Cresswell had been the leading internal candidate for the role. It has been widely speculated that both Fincham and Cresswell could decide to leave the broadcaster if Ball is appointed.


Fraud prevention needs “400-plus rules”

Marketing Week

With card not present fraud growing dramatically, existing processes used to tackle the problem are likely to be inadequate. According to participants in a Continental Airlines webinar, sponsored by 41st Parameter, half of systems currrently deploy fewer than 25 rules to flag fraudulent incidents, with 17 per cent using under 200. Yet according to  Ori […]


    Leave a comment