Remuneration report transcript Ten 2010 AGM
December 10, 2010
Stephen Mayne: I think Neil Shoebridge from The Fin Review is in the room. I know he's very keen on attribution, so I'll report this one directly from the report of John Stensholt from The Fin Review, page 38 today, Rear Window column, talking about you Mr chairman, it says "It is possible one of Ten's directors will thank Faloon for his 8 years of service. It's highly unlikely any mention will be made of the $26.5 million Ten has paid him since 2002.
I just want to check, is that accurate?
Nick Faloon: I have no idea, I haven't looked at it Stephen, and it's been nearly nine years, that I do remember.
Stephen Mayne: I would like to say finally that we should support the remuneration report. You have been paid well, but over a long period of time, apart from shafting us on the SPP, you've done a good job. I 'd like to put on the record that you have been treated a little harshly in the last few months, the way you were executed by the billionaires like this, and I think you've done a good job.
You are a credit to what you have a achieved in the media industry and television and over a long period. I think you've earned your many millions, and congratulations on a fine contribution to this industry.
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