Northamber boss takes massive salary cut

Doug Woodburn
clock

Distributor returns to profit as chairman David Phillips opts to draw a small fraction of his £180,000 salary

Northamber chairman David Phillips has opted to pay himself a contractual salary of just £15,000 in a move that enabled the distributor to return to the black for its fiscal 2012. In a stock exc...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
CDW CEO Christine Leahy: Customers are 'exploring the art of the possible' with AI

Reseller

World's largest reseller is focusing on AI growth potential following a drop in first quarter 2024 earnings

clock 03 May 2024 • 4 min read
Insight reports 'record' Q1, snaps up ServiceNow partner Infocenter

Reseller

The top VAR saw healthy growth across its services as its latest M&A deal adds more managed services to its automation solutions portfolio

clock 03 May 2024 • 2 min read
Northamber cooking up expansion plans with Tempura acquisition

Distributor

The VAD will be paying a max of £6m, split into an upfront payment of £3.3m, £100k of shares and an earn out of £2.6m

clock 30 April 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Distributor

Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Titan is emerging from its pandemic-marked early years to tackle the next big milestone

clock 02 May 2024 • 2 min read
Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Partnership provides route to market for Sophos' newly launched Partner Care programme

clock 02 May 2024 • 1 min read
Exclusive: Pax8's John Street steps down, taps CTO Scott Chasin as CEO

Exclusive: Pax8's John Street steps down, taps CTO Scott Chasin as CEO

‘I can’t imagine a better leader, he’s got terrific vision, he’s got the fire in his belly that I share with him and he’s ready to take it to a whole new level,’ Pax8’s John Street said of naming Scott Chasin its new CEO

CJ Fairfield
clock 02 May 2024 • 5 min read