Two CHUM executives gross $1.5-million apiece for 1998

Article Abstract:

CHUM Ltd., a firm in the broadcasting business, enjoyed during the fiscal year that ended on Aug. 31, 1998, a 40% increase in earnings to close to C$23 million. CHUM's excellent financial performance during the fiscal year 1998 also benefitted its vice-president for corporate development and CITY-TV president, Moses Znaimer, and its chief operating officer and executive vice-president, Fred Sherratt. The two executives of CHUM each secured from the company C$1.5 million worth of gross compensation for the fiscal year 1998.

Comment:

Grows profits in fiscal 1998 by 40% to nearly C$23 mil & gives C$1.5-mil in gross compensation each to execs Znaimer & Sherratt

Canada, Management development, CHUM Ltd., Article

---

Irish dividend boosts can west

Article Abstract:

CanWest Global Communications Corp has announced a profit of C$39.3 million, or 26 cents a share on revenue of C$189.2 million in the 2nd qtr ended Feb 28, 1999, up by 27% and 8%, respectively. The boost in earnings has been attributed to the special dividend paid by Ulster Television in North Ireland in which CanWest acquired a 30% stake in 1998. The company also reported that revenue was up 2% in both Canada and Australia, but down by 32% in New Zealand.

CanWest Global Communications Corp.

---

Similar abstracts:

• Abstracts: Baton makes small profit in year of change. CanWest's $200.1-million profit buoyed by Network Ten deal. WIC profit sinks on ownership turmoil
• Abstracts: High claims tarnish Crown Life profit. Canada Life takes another $130-million hit
• Abstracts: CAW differs with CN on payouts. Bonuses trimmed for CP executives as profit falls 36%
• Abstracts: Rogers' bid for more of Sportsnet nixed. CTV gives ESPN a veto on some NetStar operations. Investors pan CTV for NetStar

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.