Lionsgate CEO Jon Feltheimer Sees Compensation Fall 59% to $14.4 Million

Variety | 5/22/2023 | Dave McNary
marika (Posted by) Level 3
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Lionsgate chief executive office Jon Feltheimer received $14.4 million in compensation for the fiscal year ended March 31, down 59% from the $35.3 million from the previous year.

The figure was disclosed Friday as part of the company’s proxy statement filed with the Securities and Exchange Commission for its annual meeting on Sept. 11 in Toronto.

Feltheimer - Package - Salary - Bonuses - Option

Feltheimer’s package includes $1.5 million salary, $3 million in bonuses, $2.7 million in option awards, $7 million in non-equity incentives, and $175,884 in other compensation — including $33,515 in club membership dues and $132,416 in incremental costs for the personal use of the company-leased aircraft.

The previous year’s compensation includes the front-loading of his stock options, worth $16.3 million, that were part of 2016’s five-year extension of Feltheimer’s contract through May 22, 2023. The extension was announced two months before Lionsgate’s $4.4 billion acquisition of premium cabler Starz...
(Excerpt) Read more at: Variety
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