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The Pay Check: Lions Gate CEO's pay package; New Snap accounting chief's salary

S&P Global Market Intelligence's regular look at executive compensation in the U.S. technology media and communications industries.

Top News

* Lions Gate Entertainment Corp. CEO Jon Feltheimer saw his fiscal year 2019 compensation decline to about $6.6 million from $14.4 million in the prior year, the company disclosed in an SEC filing.

The CEO, who was paid $7.0 million in nonequity incentive plan compensation fiscal in 2018, did not receive any incentive plan compensation in fiscal 2019. Feltheimer's base salary remained the same at $1.5 million. He also received $3.1 million in bonus and $1.9 million worth of option awards in fiscal 2019.

Vice Chairman Michael Burns pulled in $5.2 million in compensation, including $1.0 million in base salary, $2.2 million in bonus and about $1.9 million in option awards. By comparison, Burns netted about $9.0 million in the previous year.

CFO James Barge's fiscal 2019 pay package dropped to $2.8 million from $6.1 million in 2018. COO Brian Goldsmith pocketed $4.1 million in fiscal 2019, up from the $2.8 million he earned in the year prior.

* Snap Inc.'s newly appointed chief accounting officer and principal accounting officer Rebecca Morrow will be entitled to an annual salary of $400,000. Morrow will be awarded a restricted stock award for 275,000 shares of Snap's class A common stock subject to time-based vesting over four years, the company disclosed in an SEC filing. Morrow was most recently accounting chief at GoDaddy Inc.

In other compensation news:

* Steven Boal, who was named CEO and chairman of Quotient Technology Inc. after Mir Aamir stepped down, will receive an annual base salary of $500,000, the company disclosed in an SEC filing. Scott Raskin, who was appointed president of the company, will be paid an annual base salary of $450,000. Raskin was also granted restricted stock units to acquire shares of the company's common stock with a value of $4.0 million.

* Thomas Lesinski, who was recently named CEO of National CineMedia Inc., will be paid an annual base salary of $750,000, with a target and maximum annual bonus equal to 100% of his base salary, the company disclosed in an SEC filing. Lesinski will also have the opportunity to receive a long-term incentive award with a grant date fair market value of at least $1.0 million each year. Lesinski will receive time-based restricted stock valued at $125,000; performance-based restricted stock valued at $375,000; and a time-based stock option award with a grant date fair value of $500,000 and an exercise price of $8.00 per share and a term of ten years.

* Patrick Walsh will continue as president and COO of Emmis Communications Corp. pursuant to a new employment agreement with the company. Walsh will receive an annual base salary of $637,500 for the fiscal year ended Feb. 29, 2020, the company disclosed in an SEC filing. The company also granted Walsh an option to purchase 30,000 shares of class A common stock.

* Timothy Storer, who will leave as president of A. H. Belo Corp. unit Belo + Co. effective Dec. 31, will continue to receive his annual base salary of $461,250 until his departure date. Storer will also be entitled to a lump-sum payment of $100,000, which represents long-term incentive cash that vests on Dec. 31, a $150,000 cash incentive payment and a payment of about $13,572, the company disclosed in an SEC filing.

* LiveXLive Media Inc.'s newly appointed President Dermot McCormack will receive an annual salary of $500,000, according to an SEC filing. The company also will grant McCormack 1,000,000 restricted stock units.

* Constantine Milcos, who was named CFO, chief accounting officer and executive vice president of ORBCOMM Inc. following the resignation of Michael Ford, will receive an annual base salary of $280,000, the company disclosed in an SEC filing. Milcos' target annual cash bonus opportunity for fiscal 2019 is $157,500, representing 75% of his 2019 annual base salary, prorated for the number of days in calendar year 2019 that he is expected to be employed by the company.

* Roberto Rittes, CEO of Nextel Brazil and principal executive officer of NII Holdings Inc., took home $2.7 million in 2018 compensation, up from $1.9 million netted in the year prior. Rittes' compensation consisted of $682,079 in salary, $850,000 in stock awards, about $1.0 million in nonequity incentive plan compensation and $122,766 in other compensation, the company disclosed in SEC filing. CFO Daniel Freiman also saw an increase in total compensation to $1.9 million from $1.6 million the year before. Shana Smith, the company's general counsel and corporate secretary, took home $1.9 million in 2018 compensation, up from $1.6 million.