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Sticks & Stones May Break My Bones…

Vodafone Group plc (NYSE: VOD) chairman Lord MacLaurin has gone on the offensive against the media over treatment of the global wireless operator's CEO, Sir Christopher Gent.

In an interview with U.K. daily newspaper The Independent, Lord MacLaurin lambasts the British media for its harsh treatment of his CEO, especially over how much Lord Gent earns (see Gent's Golden Shower). His Lordship is a member of the operator's remuneration committee.

He even went as far as to say that Gent could quit and move abroad, so hurt is he by the constant criticism that he is a "fat cat" executive, and pointed out that Vodafone doesn't have to be based in the U.K. and could easily relocate overseas.

MacLaurin conceded that was highly unlikely and that the company was "proud to be British" and wanted to stay based in Blighty.

So what's all the whining about? Oh yeah, the horrible media, always going on about how much individuals are banking while billions in losses mount up (see Vodafone Turns Deep Red, Focuses on Cost Control). There are some things gentlemen don't mention.

— Ray Le Maistre, European Editor, Unstrung
www.unstrung.com
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