Carroll Signs New Deal With AMC Networks

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AMC Networks said it signed a new employment agreement with COO Ed Carroll that runs through Dec. 31 2021.

The agreement sets Carroll’s base salary at $1.6 million as of March 1, 2016 and raises it to $1.7 million, effective Sept. 1, 2016.  The salary is subject to annual review and possible increase by the board of directors, according to SEC documents.

Carrol will receive a $12.5 million award of restricted stock units in connection with signing the new employment agreement. He will also be eligible for bonuses and long-term equity awards.

Carroll has been with AMC Networks, and its predecessor companies for 28 years. He was named COO in 2009.

Jon Lafayette
Jon Lafayette

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.