Hamish’s $8m goodbye from Ten

While Hamish McLennan may left Ten on an upwards trajectory, his exit certainly didn’t do his personal finances any harm.

McLennan: Exited Ten with $8m in 2015

Numbers released by Ten today reveal that McLennan received a total of more than $2.4m in termination benefits. On top of his normal salary and benefits, the 2015 financial year saw McLennan clock up a total of $8,040,923 – well up on the previous year’s package of $2.5m.

It wasn’t too bad a year for Hamish’s successor as CEO Paul Anderson either. The network’s former chief operating officer trousered $1.7m, up from $1.1m.

And the success of programming boss Beverley McGarvey was also rewarded, with a cash bonus of $112,500 topping up her package to nearly $1.2m.

Ten’s key executives’ benefits (click to enlarge)

The TV industry certainly likes to reward its winners.

topics Beverley McGarveyHamish McLennanPaul AndersonTen

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Comments: 3

Fair call 26 Oct 15

loose definition of the term ‘winners’ there mumbrella.

12m EBITDA loss – wouldn’t call Ten ‘winning’

Reply

Ken 26 Oct 15

Failing upwards is just the best thing.

Reply

Doc 26 Oct 15

Captain of third grade is paid more than the captain of the firsts!

Reply

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