The World: Sydney - Photon Group bosses reap rewards of profitability

Tim Hughes, the Photon Group executive chairman, saw his remuneration package increase by 172 per cent in the last financial year, according to reports.

The rise, which works out at $365,443, came as the marketing services group, owner of Britain's Naked Communications, reported record profits of $21.7 million, a growth of 33 per cent on the previous year. The announcement followed a number of local and overseas acquisitions and the start-up of 11 businesses. Photon's chief executive, Matt Bailey, also won himself a rise, an increase of 36 per cent, taking him to $899,251, excluding share options.

Subscribe to Campaign from just £57 per quarter

Includes weekly and quarterly print issues, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

MOST READ

BBH deputy ECD Caroline Pay exits
Share

1 BBH deputy ECD Caroline Pay exits

Bartle Bogle Hegarty has parted company with its deputy executive creative director Caroline Pay and has promoted Ian Heartfield, creative managing partner, and Anthony Austin, chief executive of Black Sheep Studios, to take over as joint deputy ECDs.

Just published