Roberts’ Pay Stays Flat in 2017
Comcast chairman and CEO Brian Roberts didn’t get a raise in 2017, netting $32.5 million in salary, incentives and stock awards for the year, about 1% less than the $32.9 million he received in 2016.
Roberts’ base salary increased slightly from $3.0 million in 2016 to $3.1 million last year. His stock and option awards stayed basically the same at $5.3 million and $5.4 million, respectively, while his non-equity incentive base compensation fell from $10.7 million in 2016 to $9.1 million last year.
Chief financial officer Michael Cavanagh took the biggest hit -- his total compensation fell 22% to $20.1 million from $25.7 million in the prior year.
NBC Universal CEO Steve Burke was once again the highest paid Comcast executive – receiving $46.5 million in total compensation, up 1% from the $46.1 million he received in 2016.
Senior executive vice president David Cohen received $17.7 million in total compensation in 2017, down from the $17.9 million he received in the prior year. Non-executive vice chairman Neil Smit, who stepped down as CEO of Comcast Cable in April 2017, received $25.9 million in total compensation, a 2% increase from the $25.4 million he received in 2016.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.