Tuesday July 7, 2020

No bonuses for top brass at UTV Ireland after poor year

TV channel failed to meet performance targets

Ian Guider

Markets Editor

17th April, 2016
Outgoing UTV group chief executive John McCann

The top bosses at Belfast’s Wireless Group, formerly called UTV Media, lost their bonuses last year as the company’s new Irish TV channel failed to meet performance targets.

According to the company’s annual report, outgoing chief executive John McCann, operations head Scott Taunton and finance boss Norman McKeown did not receive any cash bonuses or shares under UTV’s long-term incentive plan for executives.

“The share of commercial...

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