Dame Carolyn McCall ITV....A Reign of Total Failure1 Feb 2024 12:27
On 8 January 2018, following seven years as easyJet chief executive, McCall became the first female chief executive of commercial broadcaster ITV. She replaced Adam Crozier in the role. She is a creator of BritBox, a subscription video service venture in partnership with the BBC which launched of late 2019 in the UK. She said "It's quite bold, going into a market which Netflix has already been in for eight years."[16] She closed BritboxUK in 2022 when it was replaced by ITVX.
McCall earned a £3.7 million salary at ITV in 2018. Her 2019 base salary was set to increase by 2.5 per cent "in line with the wider employee group". In April 2020, McCall along with other senior executives took a 20% pay cut in the wake of the coronavirus pandemic. McCall's pay in 2022/3 was £3.5 million.
In June 2023, she appeared before the Culture, Media and Sport Committee, where she was interrogated by Caroline Dinenage about the culture at ITV following the Philip Schofield scandal.
On January 31st 2018 the ITV share price stood at £1.67p valuing ITV at £7 billion, this morning the share price is a lowly 59p and struggling. Unless ITV have something good to offer next month imo the share price will not recover. McCall has been a disaster, anyone who doesn't get it must be blind. Sad thing is, if the share price recovers to 83p, the company has lost half it's Mkt Cap in her failed six years. Dreadful performance and in truth she should have gone years ago, but reward for failure is still rife in this country.