DreamWorks Animation had one box office hit in calendar year 2013 in The Croods and one disappointment in Turbo, but it was a good year for CEO Jeffrey Katzenberg. His total compensation was $13.48M, up from $5.24M in 2012, according to an SEC filing today. The two catalysts came from his new employment contract inked in late 2012: an increase in salary from $365,386 to $2.5M, and non-equity incentive plan compensation of $6M. His compensation included $478,148 for personal security services which DWA says it only notes as part of the package because the SEC requires it. Former Chief Marketing Officer Anne Globe, meanwhile, who exited the company in August, would have been one of the three highest-paid DWA execs had she remained. She earned $1.44M for 2013 including $356,987 in severance payments. DWA took a $13.5M write-down on Turbo in Q4 2013 after it underperformed, but Katzenberg said in February that the franchise will be profitable eventually with its Netflix animated series.
DreamWorks Animation’s Jeffrey Katzenberg Made $13.5M In 2013, +157%
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