Alex Mahon has been awarded the highest annual pay for a chief executive in Channel 4’s 40-year history, only months after the broadcaster avoided being privatised, amid a “challenging” economic environment and a TV advertising downturn.
The station’s top bosses were granted millions in income for the past year but said they had declined a pay rise for the coming year and were deferring special “retention” bonuses related to uncertainty over privatisation, in an attempt to stay “in line” with staff during the cost of living crisis.
