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David Montgomery’s departure cost Mecom EUR 2.7m
Mecom has paid EUR 1. 5m as a severance payment to
David Montgomery
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the company's founder and chief executive who departed in January.
The pan-European newspaper publisher paid out EUR 6. Read more
Summary
Mecom has paid EUR 1. 5m as a severance payment to David Montgomery, the company's founder and chief executive who departed in January. The pan-European newspaper publisher paid out EUR 6. 5m in total to Montgomery and two top Dutch executives. These payments were revealed on Wednesday as the pan-European newspaper publisher said it was preparing to pay its first dividend since going public six years ago after slashing losses in 2010.
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