Business

Lionsgate CEO Jon Feltheimer’s Pay Rises to $19M – The Hollywood Reporter

Lionsgate CEO Jon Feltheimer noticed his complete compensation rise to $19.1 million for fiscal 2021, in accordance with the corporate’s newest proxy submitting launched Thursday.

That’s up from fiscal 2020 when Feltheimer acquired $11.07 million in complete pay, and the $6.6 million he earned as a part of his general compensation package deal for fiscal 2019. Feltheimer’s 2021 compensation included an unchanged $1.5 million base wage, however his bonus jumped to $10 million, in opposition to a $6.3 million bonus for fiscal 2020.

And he acquired $6.7 million in possibility awards final 12 months, in contrast with $1.54 million in year-earlier possibility awards.

Feltheimer in August 2020 extended his long-term employment settlement, preserving him on the Hollywood studio doubtlessly to August 2025. The brand new contract extension follows robust digital subscriber progress for the Starz streaming platform because it expands internationally.

Feltheimer’s newest compensation package deal additionally follows the studio’s inventory value rising 146 % within the fiscal 12 months to March 31, 2021, making Lionsgate one of many best-performing media sector shares.

Lionsgate vice chairman Michael Burns acquired compensation of $8.5 million, an increase from $6.3 million in fiscal 2020, in accordance with the proxy submitting. And CFO James Barge acquired a complete pay package deal of $6.3 million for fiscal 2021, in opposition to a year-earlier compensation of $4.7 million.

Lionsgate will maintain its annual assembly of shareholders at its workplace in Vancouver, Canada, on Sept. 14.

https://www.hollywoodreporter.com/enterprise/business-news/lionsgate-ceo-jon-feltheimer-pay-rise-19m-1234990401/ | Lionsgate CEO Jon Feltheimer’s Pay Rises to $19M – The Hollywood Reporter

Hung

Inter Reviewed is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@interreviewed.com. The content will be deleted within 24 hours.

Related Articles

Back to top button