Life could not be much better for Lord Tony Hall, who has been appointed director-general of the BBC – from whom he already receives a healthy pension of £82,000 a year.
Let’s face it, he can hardly do worse than his hapless predecessor.
But if things do go belly-up in the next couple of months, he will still walk away with the thick end of £500,000 in his back pocket.
Hall – who is eminently qualified for the job – first applied to be director-general back in 1999.
Now – three DGs later – he has to re-establish and reinvigorate an organisation whose morale and reputation are at an all-time low.
To coin a well-known BBC phrase from old favourite Blue Peter – this is the one we should have made earlier.