69°

Topics

Lions Gate Entertainment Corporation
Lions Gate CEO Jon Feltheimer compensation jumps to $63.6 million
Lions Gate CEO Jon Feltheimer compensation jumps to $63.6 million

Lions Gate Entertainment Corp. Chief Executive Jon Feltheimer’s compensation soared to $63.6 million last year -- making him one of the highest paid executives in America. The amount represented a 406% increase over Feltheimer's $12.6 million in compensation the previous year, according to a company proxy filed Tuesday with the Securities and Exchange Commission. The chief of the Santa Monica movie and TV studio reaped dramatically higher compensation because of a new long-term contract that he signed in May 2013. The new employment agreement extended Feltheimer's tenure to May 22, 2018. As part of the deal, Feltheimer, 62, last year collected stock options representing...

Loading