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.
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 Chairman and Chief Executive Glenn Britt disclosed to the company Tuesday that he has begun treatment for cancer.
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.