Adam Crozier, the former chief executive officer of the Football Association and Royal Mail, and now occupying the same position at terrestrial broadcaster ITV, has sold off about half his shareholding in ITV.
Crozier, who joined ITV on 26 April on a base salary of £775,000 per annum plus a pension contribution of 9% of base salary along with "other typical benefits", was awarded 198,636 in restricted shares, as per his "golden hello" arrangement, in which he will receive 397,272 restricted shares in three equal tranches over an 18 month period.
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