HomeTennisLegal eagle hopefuls to take silk from a familiar club

Legal eagle hopefuls to take silk from a familiar club

When we brought you news that former Nine boss Hugh Marks had shacked up with Tennis Australia to advise on media rights, we suspected that he didn’t really need the money. Understatement of the year!

What we didn’t realise then but know now is that Marks has already had a good year. A stonkingly good year in fact, according to the fine print inside the annual report of Nine Entertainment Co – the owner of this masthead.

Hugh Marks received a generous package upon leaving Nine as CEO.Credit:James Brickwood

Company financials released on Wednesday show the former chief executive was awarded a total package of more than $8 million in the past year including a heart-stopping $2.9 million in termination benefits. Marks stepped down on March 31 after almost six years at the top of the media company during which time he oversaw the $4 billion merger of Nine and Fairfax Media, in…

Read more at www.smh.com.au


Most Popular