Time Warner CEO Jeffrey Bewkes' Salary Rose to $32.5M in 2013
Time Warner CEO Jeffrey Bewkes was paid $32.5 million in fiscal 2013, up from $25.9 million a year prior, the company said Monday in a regulatory filing.
Bewkes' base pay of $2 million did not change, but his stock awards rose slightly and his option awards shot up to $7.8 million, compared with $3 million in the previous year. On Monday, the stock closed down fractionally to $65.05.
Time Warner stock has been performing well lately, up 40 percent in the past 18 months.
John Martin, Time Warner's CFO, made $12.9 million, up from $12.6 million in fiscal 2013.
Paul Cappuccio, executive vp and general counsel, was paid $7.8 million, up from $7.6 million.
Gary Ginsberg, the company's executive vp marketing and communications, made $4.1 million, up from $3.9 million; and Olaf Olafsson, executive vp international and corporate strategy, was paid $4.1 million, up from $4 million.