Johnston Press chief executive John Fry collected earnings of more than £1 million in 2010, according to the publisher’s annual report, sent out late on Friday afternoon.
According to the figures Fry earned a basic salary of £525,000 in 2010, the same as the previous year, which was then boosted further by benefits and performance related bonus. This led to a total of £1,001,000, an increase on 2009 when Fry received a total of £969,000.
The salary details of other directors were also detailed in the report, with chief financial officer Stuart Paterson, who resigned last year, receiving a total of £520,000 and Danny Cammiade, chief operating officer, receiving an increased total of £618,000.
The report outlines the publisher’s financial performance in 2010, with key statistics including a decrease in total revenues of 7.1 per cent to £398.1 million, a drop in circulation revenues of 2.8 per cent to £96.7 million and an increase in digital revenues of 4 per cent.
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