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Friday, 26 April 2024

Deadline: Comcast’s Brian Roberts Sees $35M Pay Package In 2023; Compensation For Liberty Media & AMC Networks CEOs Set As Last Proxies Trickle In

Story from Deadline:

Comcast said chairman and chief executive Brian Roberts‘ pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued at about $15 million, $9.2 million in option awards and $8.55 million in what’s called non-equity incentive plan compensation – like a cash bonus.

Proxies list the salaries of a company’s top five highest paid executives. They generally come out in the spring ahead of annual shareholder meetings.

Mike Cavanagh, Comcast president and Roberts’ no. 2, had a package worth $29.6 million, a drop from $40.5 million in 2022.

Proxy season, as it’s called, is drawing to a close with the last few in the media sector out today.

Earlier Friday, Liberty Media said CEO Greg Maffei was granted a package worth $28.7 million last year. And Kristin Dolan, who stepped into the CEO role at AMC Networks in February of 2023, had a package of $14.5 million for the year.

© 2024 Deadline.