Marvel Gave $2 Million in Exec Bonuses in ’02
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From Bloomberg News
Marvel Enterprises Inc. handed out $2.18 million in executive bonuses last year after awarding none in 2001, as licensing fees connected to the “Spider-Man” movie helped quadruple earnings.
Alan Fine, president of Marvel’s Toy Biz marketing division, got the biggest bonus, $669,926, plus a salary of $450,000, the company said in a regulatory filing. F. Peter Cuneo, who had been Marvel’s chief executive, got a bonus of $500,000 and salary of $772,115 before resigning in December.
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