Former Yahoo7 boss Ed Harrison to lead Isentia
Media monitoring and intelligence company Isentia has appointed former Yahoo7 chief Ed Harrison as CEO, filling the position left vacant after long-standing boss John Croll stepped down last February.
Harrison, who left Yahoo7 after partners Seven and Oath wound up their 12 year joint venture in March, will earn a $676,000 annual salary when he joins the company on August 6.
Harrison joins iSentia after leaving Yahoo7 earlier this year.
Why do you find it necessary to publish his salary? If anyone is that keen to know then they can find the information for themselves .
You’re becoming more and more like the Daily Mail with every story you publish. Why don’t you find out the value of his house too ?
Hi Twunts,
The information about salary was included in the ASX announcement about the appointment.
On the one hand, one of the benefits of working for a large publicly listed company is they can offer very competitive salaries.
But with that, comes transparency over the remuneration of the top executives, which must be made publicly available to the market.
Cheers,
Tim – Mumbrella
It will be public knowledge anyway because it’s publicly traded most likely. Also no way was 7 and Yahoo together for 20 years. (Edited under Mumbrella’s comment moderation policy). Good luck though.
I’ve corrected the 20 year mention, Jo. The JV actually started in 2006. Yahoo entered the Aussie market as a stand alone service in 1997.
Paul Wallbank
News Editor
Unsure if the commenter worked at Y7 during Ed’s time but during my year there he showed great dignity whilst doing an essentiallyimpossible job of keeping his various board members happy, despite their conflicting desires which Jo alludes to.
Good luck to him, he deserves it.
Agree with the above comment. You did it with the new Domain CEO this week as well. It is no one’s business.
Why don’t you focus the articles on what the new CEO brings to the business and how it could be improved/changed with this new hire.
Hi Media Pineapple,
You’re correct that we also included the detail in our Domain coverage.
You’re incorrect that it’s nobody’s business.
Domain is a publicly traded company, not a private business. So it’s legally obliged to disclose that number, as is Isentia.
And thanks for the advice on how to cover the Isentia story. You will, I suspect, be aware that Mumbrella has written more about Isentia than perhaps any other publication in recent years.
Today’s story was to cover the significant announcement of the fact of who the new CEO will be.
And yes, I’m sure we’ll be writing more on the topics you suggest.
Plus, you’re welcome to start the ball rolling. What do you think the new CEO brings to the business, and how do you think the product could be improved? You haven’t actually mentioned it
Cheers,
Tim – Mumbrella
@Twunts
Ever read newspapers like The Fin, or business sections of The Oz? They often (perhaps even always) include compensation info when they talk about either incoming CEOs or board members in articles.
Mumbrella wouldn’t need to publish whole articles related to remuneration of individuals as it relates to financial performance of companies – because it’s not related to their core focus. (And indeed, I don’t think they do publish those type of stories.)
But giving a broader context – yes, including CEO salaries – beyond just the stuff that immediately impacts agency or media owners’ day to day jobs, is useful for all.
And for those above with issues re salary mention – don’t visit the homepage of AdNews today. They’ve got Ed’s salary in the summary part of the story on the homepage too.
If I believed for one second that Mumbrellas reason for declaring it was the same as the Aus or Fin then yes I’d understand .
It’s not. It’s there to drive clicks and comments (yes I understand the irony)
(Edited under Mumbrella’s comment moderation policy)
Well done Ed, great thinker, fantastic leader, and will do well. Great work, both parties!!