Trinity Mirror’s Sly Bailey pockets £1.66m

Trinity Mirror paid its chief executive Sly Bailey £1.66m in 2010, reports the Guardian.

That figure included a £660,000 bonus as the publisher tripled pre-tax profits from £42m to £123m. However the company’s stock price fell by 20 per cent after it predicted a “slow and volatile” recovery in the months ahead.

In total, Trinity Mirror remunerated its executive and non-executive directors to the tune of £3.83m, up from £3.77m in 2009.

(Source: MediaGuardian)

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