Bewkes Pay Slipped to $25.9M in 2011
Time Warner CEO Jeff Bewkes' total compensation for 2011 was $25.9 million, down a bit from the previous year, according to documents filed with the Securities and Exchange Commission.
Bewkes' salary was unchanged at $2 million a year. His stock awards rose to $6.1 million from $5.5 million and deferred compensation earnings rose to $253,000 from 4166,000, but his option awards non-equity incentive plan compensation and "all other compensation" were lower.
Among other key Time Warner executives, CFO John Martin's total compensation rose to $11.5 million from $10.2 million, general counsel Paul Cappuccio's compensation was $7.4 million, up from $6.2 million, exec VP for corporate marketing and communication Gary Ginsberg's pay rose to $3.8 million from $3.6 million and executive VP for international and corporate strategy Olaf Olafsson's comp was $3.7 million, up from $3.5 million.
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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.