Cable & Telecom

Look execs pocket $17.4M after spectrum sale

TORONTO and MONTREAL – Senior management at the now defunct Look Communications raked in $17.4-million after selling off the company’s spectrum to Inukshuk Wireless last Fall, according to a report in Wednesday’s Financial Post.The article says that executive chairman Michael Cytrynbaum received $4.4 million, chief executive Gerald McGoey made $5.6 million, and chief technology analyst Alex Dolgonos pocketed $4 million, while three other directors - Scott Colbran, Louis Mitrovich and Stuart Smith - received $225,367, $227,367 and $227, 367, respectively, which has upset some shareholders.Click here to read the full article.