The chief of the No. 2 cable company lost about $1M in non-equity incentives, but otherwise held steady vs 2010, according to Time Warner Cable’s proxy statement. The package: $1.3M salary, $3.2M stock awards, $4.2M option awards, $7.2M non-equity incentives, $111,910 change in pension value, and $439,456 in other compensation. The “other” category includes $339,779 for personal use of of the company aircraft.
Glenn Britt, an architect of the modern pay-television industry, is stepping down as chairman and chief executive of Time Warner Cable at the end of the year.
Time Warner Cable Chairman and Chief Executive Glenn Britt disclosed to the company Tuesday that he has begun treatment for cancer.
Bewkes’ package is insanely rich by any normal measure — but puts him at the bottom of the pack among CEOs of Big Media companies that have already released proxy statements for 2011. (This year’s breakdown for Bewkes: $2M salary, $...
Time Warner Cable has sought to downplay a report that its chief executive, Glenn Britt, was planning to leave the nation's second-largest cable company at the end of the year.