AMC Networks CEO's Pay Rises 323 Percent to $40.3 Million in 2014
The head of the company behind 'The Walking Dead' home AMC had made $9.53 million in 2013.
AMC Networks CEO Josh Sapan saw his 2014 compensation reach an impressive $40.3 million.
That compared with $9.53 million in 2013 and $8.92 million in 2012.
The company — whose flagship, AMC, has aired such hit shows as Mad Men and The Walking Dead — disclosed details of its executive pay in a regulatory filing.
Sapan's massive pay increase — 323 percent — was mostly due to $29.7 million in stock awards, up from $2.2 million a year earlier. AMC stock, though, fell 6 percent in 2014.
Sapan's basic salary was $2 million, up from $1.3 million a year earlier.
The company also disclosed the pay of its other top executives on Thursday.
Executive chairman Charles Dolan made $2.3 million, up from $1.7 million.
Ed Carroll, the COO, was paid $5.6 million, up from $4.9 million.
Sean Sullivan, the CFO, was paid $2.8 million, up from $2.3 million, while general counsel Jamie Gallagher made $2 million, up from $1.7 million.