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ITV board wrangles over Ball’s remuneration deal
The ITV nominations committee is understood to be in dispute with Tony Ball over the “considerable” remuneration package the former BSkyB chief executive is demanding to become its new chief executive.
ITV has been reluctant to appoint Ball, who earned more than £25m as boss of BSkyB between 1999 and 2003, as a number of the institutional shareholders who back him have been critical of current management.
While a popular choice with those investors, which include Legal & Genera and Fidelity, Ball has no experience of managing a free-to-air commercial broadcaster. ITV’s board will meet to discuss the matter this week.