Roberts Pay Fell 13% to $26.9M
Comcast CEO Brian Roberts' pay dropped 13% in 2011 to $26.9
million, according to a proxy statement filed by the company with the
Securities and Exchange Commission Friday.
Roberts, along with other top Comcast executives, requested
a freeze in base salary through February 2013.
That left Roberts' salary at $2.8 million. He also got $5.7
million in stock awards, up from $5.3 million in 2010; $5.8 million in option
awards, down from $5.9 million, and non-equity incentive plan compensation of
$5.4 million, down from $10.9 million.
His pension and other compensation showed moderate increases.
Steve Burke, executive VP of Comcast and CEO of
NBCUniversal's total compensation also fell, dropping 32% to $23.7 million.
Burke's salary was $2.2 billion and his stock awards dropped to $4.4 million
from $10.1 million, accounting for most of the difference from last year.
CFO Michael Angelakis' compensation fell 4% to $21.9
million. His salary was $1.7 million and he received a $2.1 million bonus and
and7 million in stock and option awards. Executive VP David Cohen's pay went up
19% to $15.1 million. He got a bump in his stock awards and non-equity
incentive plan compensation.
Neil Smit, in his first year as president and CEO of Comcast
Cable, received a salary of $1.5 million, got a $1 million bonus, stock awards
of $7.6 million, option awards of $3 million and other compensation for a total
of $18.5 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.