Time Warner CEO Bewkes Paid $32.9M
Time Warner CEO Jeff Bewkes, who fought off a takeover bid from Rupert Murdoch, received $32.9 billion in total compensation for 2014, virtually unchanged from the prior year.
On top of a $2 million salary, Bewkes got stock awards of $8 million, option awards of $8 million and non-equity incentive plan compensation worth $14.5 million.
Time Warner’s new CFO Howard Averill made $8.2 million, and Gary Ginsberg, executive VP, corporate marketing and communications, got $4.3 million, up from $4.1 million the year before.
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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.