Financial Times FT.com

ITV in deadlock over Ball pay

By Ben Fenton, Chief Media Correspondent

Published: September 20 2009 19:59 | Last updated: September 21 2009 15:07

Protracted negotiations between the board of ITV and representatives of Tony Ball, the man it wants as its next chief executive, will begin again on Monday – with his incentivisation plan remaining the sticking point, said people familiar with the talks.

The sides agree about his basic salary and bonuses, but Mr Ball is adamant he should have a deal involving share options that could bring him about £20m during five years, if he were to attain performance targets.

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