Ooh Media report reveals $903K termination payment for Brendon Cook
Ooh Media’s 2020 annual report, filed on the ASX today, has revealed that founding CEO, Brendon Cook, received a termination benefit of $903,435 upon his departure from the CEO role, taking his total earnings for year to $3,004,857.
Cook stepped down from his role of MD and CEO of the business during 2020, with former Nova Entertainment CEO Cathy O’Connor appointed as his replacement in January this year.
That was made up of a base salary of $825,072, with 40% of Cook’s remuneration listed as being performance-based.