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Lions Gate CEO to earn $6.8M, down from last year's $66.3M

Jul. 29, 2015 6:41 PM ETLions Gate Entertainment Corp. (LGF.A) StockLGF.ABy: Jason Aycock, SA News Editor
  • Lions Gate Entertainment (LGF) filed its proxy statement today for a Sept. 15 annual meeting, and with it news that CEO Jon Feltheimer is set to earn $6.77M in total compensation for fiscal 2015, after a fiscal 2014 where he received total comp of $66.3M.
  • The 2014 total was boosted by option awards ($41.5M) and stock awards ($14.4M) tied to a new contract. In base salary terms, he's getting a raise to $1.5M from $1.47M. Another $4.05M comes via non-equity incentive compensation.
  • Sizable raises are coming to co-COO Steven Beeks (to $4.2M total comp, from $1.73M) and Chief Strategic Officer/General Counsel Wayne Levin (to $4.88M from $1.65M) -- again, primarily via stock and option awards.
  • LGF shares were up fractionally today -- at $38.53, they're just off an all-time high of $39.08 -- and are up 22.4% over the past three months.
  • Previously: Media CEO pay jumps despite challenging, competitive year (Apr. 10 2015)

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