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ITV Chief To Return GBP250m To Shareholders

Adam Crozier has marked his fifth year as the chief executive of ITV with a bumper profits increase and a plan to return £250 million to shareholders through a special dividend. The payment, ITV’s third special award in three years, means that Mr Crozier will have returned just over GBP1 billion of cash to shareholders since parachuting in to save the ailing commercial broadcaster in 2010. He said yesterday that there was much more to do as ITV strives to adapt to the increasingly varied way that people watch programmes.

Read the whole story at The Times »

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