AMC’s Sapan’s Pay Jumps to $40.3M
AMC Networks CEO Josh Sapan’s total compensation jumped into the big leagues in 2014.
Sapan received $40.3 million in 2014, more than double the $9.5 million in his pay envelope in 2014.
Under a new contract signed last April, Sapan’s base salary increased to $2 million from $1.3, but the big gain came from a $29.8 million one-time special stock grant. He received $2.2 million in stock for 2013.
AMC paid executive chairman Charles Dolan $2.3 million, up from $1.7 million and chief operating officer Ed Carroll $5.6 million, up from $4.9 million.
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.