Newcastle Herald journos issue vote of no-confidence in Fairfax boss Greg Hywood
Journalists of Newcastle Herald have issued a vote of no-confidence against Fairfax boss Greg Hywood, who pressed ahead with a plan to shift 41 jobs from Newcastle to New Zealand this week.
The following statement has been released on the We Love Our Newcastle Herald Facebook page.
A resolution that has just been passed:
Newcastle Herald journalists move a vote of no-confidence in Fairfax CEO Greg Hywood over the plan to offshore 41 journalists at the Newcastle Herald and its associated community titles to New Zealand.
Mr Hywood has failed to demonstrate that his ‘‘New Zealand Solution’’ is superior to the MEAA’s proposal for a virtual sub hub with the Illawarra Mercury on the grounds of cost or production efficiency, and we believe they have not consulted with us in good faith.
We reject the company’s assertion that our sub-hub proposal could not be put in place in the company’s time frame for its New Zealand solution.
We condemn the company for its disregard of the concerted protests from Herald readers, advertisers and community representatives.
Staff have no confidence in Mr Hywood’s leadership and note that this lack of faith is reflected in the share market.
In addition we foreshadow our intention to call an EGM to put forward our concerns about this decision. At that meeting we would move a vote of no confidence in Greg Hywood and the Fairfax board.
Didn’t realise Fairfax was a parliament. I thought it was a business.
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Meh, he’ll still make his $1.5m a year. Pity about the value of the $1.6m shares he holds, but swings and roundabouts.
(All public record – salary: http://www.reuters.com/finance.....Officers-5
shares: http://www.asx.com.au/asxpdf/2.....zxfbnt.pdf)
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Does Fairfax hate women? Is there a single woman at C-level in that company? It’s not like there are no smart women in media. Also, someone needs some credible digital experience. Can they recruit someone from Amazon/Google/YouTube/Twitter – someone! anyone!
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Obviously Greg Hywood got the job on his amazing charisma.
https://www.youtube.com/watch?v=vbeXqEGqYY8
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Keep our editors on the real mainland…not the cheesy one!
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