Thursday, August 25, 2005

Didn't he do well

Former All Black captain David Kirk is Fairfax's new CEO.

Update (didn't he do well!): The terms of Mr Kirk’s agreement with the company include a base salary of $1.2 million per year, and performance bonuses of up to 150% of base salary ... In addition, a one-off special compensation is provided of $1.2 million in benefits foregone from previous employment, with $400,000 payable on commencement of employment, and equal instalments of $400,000 payable of 1 July 2006 and 1 July 2007.

More here and here and here.

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