Time Warner CEO Jeff Bewkes saw his compensation surge to nearly $49 million in 2017, thanks to $32 million worth of stock related to the company’s planned merger with At&T.
The out-sized grant, which vests over time, is intended to incentivize Bewkes to remain with the company, post-merger.
As a result of the stock award, Bewkes’ compensation jumped 50% from his 2016 earnings, which totaled $32.6…
Read full article
Leave a Reply
You must be logged in to post a comment.