How much does your boss earn?
With the reporting season for publicly listed companies now virtually complete, we can give you a look under the bonnet of the pay-packets of the senior executives at various radio groups.
Publicly listed entities are required to disclose the remuneration of the highest earning key management executives, so it is all on the public record.
So let's have a look:
A couple of points to note first:
- ARN is owned by APN, who report on a different cycle, so they have released their half-yearly, not full-year accounts which do not need to disclose executive remuneration. However, the executive salaries of ARN ,as a subsidiary, are not required to be broken out separately.
- DMG, Super Network, Ace Broadcasters, Grant Broadcasters and the carious smaller operators are privately held, therefore that information is not publicly available.
- Fairfax, whilst operators of radio stations, derive the bulk of their revenue from other media so whilst they are listed, the executive remuneration isn't completely radio-driven.
- When we did this last year MCM was included as a listed company, since that time they have delisted and so the information is no longer available.
So to the figures, ranked in earnings order from Southern Cross Austereo, Fairfax, Macquarie and Pacific Star;
Name | Role | Company | TRP | notes |
Greg Hywood | CEO | Fairfax Media | 1,982,707 |
sits over the complete group, of which radio is only one part. |
Rhys Holleran | CEO | Southern Cross Austereo | 1,660,376 |
|
Stephen Kelly | CFO | Southern Cross Austereo | 1,023,480 |
|
David Housego | CFO | Fairfax Media | 841,645 |
CFO for the complete group. |
Guy Dobson | Chief Content Officer | Southern Cross Austereo | 802,624 |
|
Russell Tate | Chairman | Macquarie Radio Network | 756,480 |
|
Gail Hambly | Group General Counsel | Fairfax Media | 718,196 |
GGC for the complete group. |
Craig Bruce | Head of Content | Southern Cross Austereo | 702,518 |
|
Robert Loewenthal | Managing Director | Macquarie Radio Network | 542,366 |
|
Christopher Maher | Director of Strategy | Fairfax Media | 534,483 |
DOS for the complete group. |
Michelle Williams | HR Director | Fairfax Media | 484,667 |
HRD for the complete group. |
Barrie Quick | CEO | Pacific Star Network | 483,899 |
|
Andrew Lam-Po-Tang | CIO | Fairfax Media | 386,923 |
CIO for the complete group. |
David Kidd | Program Director 2GB & Group Promotions Director | Macquarie Radio Network | 320,252 |
|
Mark Noakes |
Sales Director | Macquarie Radio Network |
318,745
|
|
David Hung | Group Sales Director | Pacific Star Network | 288,932 |
|
Andrew Harrison | Direct Sales Manager | Pacific Star Network | 217,197 |
|
Andrea Ingham | National Sales Director | Southern Cross Austereo | 207,288 |
includes only 5-months of salary from 1 Feb to 30 June. |
Mark Johnson | Group Program Director | Pacific Star Network | 196,440 |
|
Stephen Sweeney | CFO | Pacific Star Network | 162,587 |
|
Gordon Moore | Group Creative Director & Brand Director | Pacific Star Network | 131,516 |
|
So how does your pay compare?