www.telegraph.co.uk/business/2022/07/20/guardian-editor-handed-inflation-busting-150000-pay-rise/
'GMG also paid its former chief executive Annette Thomas £795,000 after she left following a clash with Ms Viner over the direction of the business. Ms Thomas received a “one-off” payment on top of her £630,000 base salary, meaning she made £1.5m in 15 months on the job.
The group is still looking for a replacement for Ms Thomas and is currently headed by interim chief Keith Underwood, who was previously chief financial and operating officer.
Annual revenues at GMG climbed 13pc to £255.8m and profits rose nearly four-fold to £11.7m.
The Guardian does not have a paywall but instead relies on donations made by readers.
Over one million people made monthly contributions of at least £1 a month, while another 500,000 readers made one-off payments.
It received a total of £76.1m from its online audience, up from £68.7m the year before.
Print and advertising generated revenues of £71.5m and £73.7m respectively. The remainder was made by marketing and philanthropy.
The company is supported by its proprietor, the Scott Trust, which runs a £1.3bn investment fund. The trust said it is continuing with a strategy to invest more money in private equity funds, which have "the potential to achieve higher returns compared with traditional asset classes".
Last year the Guardian claimed that private equity is "draining British business dry".'