The Guardian reports today about another “smart” newspaper manager:
David Montgomery, the chief executive of the European newspaper group Mecom, received a recession-busting 51% increase in his total remuneration package in 2009 to £874,000. Montgomery accepted a £290,000 bonus, despite Mecom posting a 28% fall in profits and laying off 850 staff last year, on top of a basic salary of £540,000.
We need batter managers.
Today more than ever.
Managing in good times is easy
Managing in bad times shows who is a good leader.
Tags: David Montgomery, THE GUARDIAN, leaders, newspaper managers