Lionsgate CEO Jon Feltheimer reaped the benefit from a year when his company cashed in on hits including The Hunger Games and the Twilight saga: His compensation rose 95.3% to $12.6M according to the company proxy out today. (The package: $1.3M salary, $6M bonus, $3.6M stock awards, $1.5M non-equity incentives, and $184,535 in other compensation.) But it seemed to pale next to the take for Vice Chairman Michael Burns, who had to report four years worth of option awards valued at $14M. With that included, he ended up with $28.2M, +406%. (The package: $970,962 salary, $4M bonus, $7.9M stock awards, $14M option awards, $1.3M non-equity incentives, and $33,484 other.) Lionsgate shares appreciated 70.8% in the fiscal year that ended in March. In making the awards, the board says it took into account the executives’ roles in integrating Lionsgate and Summit Entertainment; the increase in the stock price; sales of TV shows including Anger Management and Nashville; the early repayment of the Summit Entertainment term loan; and the performance of Hunger Games and The Twilight Saga: Breaking Dawn Part 2. Lionsgate will hold its annual shareholders meeting September 10 in Toronto.
Lionsgate CEO Jon Feltheimer Makes $12.6M In Fiscal 2013, +95%, But Vice Chair Michael Burns Does Even Better
What's Hot on Deadline
'Crazy Ex-Girlfriend' Off To Low Ratings Start, 'Jane The Virgin' Slips In Return, 'Blindspot' Ticks Up
'The Arcana Chronicles' Books To Get TV Series Adaptation By Warner Bros. With Adam Shankman Producing
Latest Business News
- Mamie Gummer’s Disfigured Vet Tries VR In ‘Ugly Lies The Bone’ – Review
- Donald Trump’s #DemDebate Live-Tweeting: A Top Ten List
- Charter-Time Warner Cable Deal Would Reduce Competition, Opponents Tell FCC
- ‘Walking Dead’ Lawsuit: Frank Darabont & CAA Bite AMC Back Over Contract Claims
- ‘Hamilton’ Juggernaut Returned 25% Of Its $12.5M Costs In Five Weeks
- AMC Networks Shares Hit By ‘Walking Dead’ Ratings Drop, But Is It Overkill?