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Sprint's Claure tops pay for U.S. telecom CEOs

Jun. 26, 2015 5:46 PM ETAT&T Inc. (T) StockT, VZ, TMUS, SBy: Jason Aycock, SA News Editor42 Comments
  • Sprint (S -1.3%) chief Marcelo Claure has become the highest-paid CEO among U.S. telecoms, the Financial Times notes, having earned $22M for just under eight months of work.
  • Randall Stephenson of AT&T (NYSE:T) earned $24M last year -- but for a full year's work. Lowell McAdam of Verizon (NYSE:VZ) earned $18M last year, and T-Mobile's (NASDAQ:TMUS) John Legere $19M.
  • For the period between his Aug. 11 start date and March 31, Claure earned a base of $923K, a bonus of $2.4M (including a $500K "golden hello"), and $18M in stock and options. During that time, Sprint's stock price has fallen 16.4%.
  • A Sprint spokesman pointed to the difficulty of making apples-to-apples comparisons with other CEOs, considering one-time payments like the signing bonus.
  • Sprint's 14A filing

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