InvestSMART

Prank call pay bonus

Southern Cross Austereo chief executive Rhys Holleran received a pay rise to $1.66 million last financial year, including a cash bonus of more than $200,000, despite continued anger over a prank call to the hospital where the Duchess of Cambridge was being treated.
By · 21 Sep 2013
By ·
21 Sep 2013
comments Comments
Upsell Banner
Southern Cross Austereo chief executive Rhys Holleran received a pay rise to $1.66 million last financial year, including a cash bonus of more than $200,000, despite continued anger over a prank call to the hospital where the Duchess of Cambridge was being treated.

For the year to June Mr Holleran's total remuneration included a base salary of $768,750 and bonus of $205,500.

His previous year's income was $1.3 million, including a larger bonus of $229,650.

Southern Cross Stereo - it says it creates Australia's "most awesome" content via radio, free-to-air TV networks, websites, mobile and events - reported a 5 per cent fall in revenue to $653.1 million.

It suspended all advertising on its 2Day FM radio station after a scandal involving the suicide of a British nurse, who was taken in by a prank call by presenters Mel Greig and Michael Christian. Pretending to be the Queen and Prince Charles, they phoned the hospital where the Duchess of Cambridge was being treated for a pregnancy-related illness.

Another host, Kyle Sandilands, was widely criticised for threatening to "hunt down" a journalist, and questioning a teenage sexual assault victim about her sexual experiences.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.