AMC Interim CEO Matt Blank Got $6.967 Million in 2021 Compensation
Former CEO Josh Sapan’s pay rose to $15.254 million
In a year of management turnover, AMC Networks paid interim CEO Matt Blank $6.967 million in total compensation for 2021, according to a proxy filed with the Securities and Exchange Commission.
Blank became interim CEO after Josh Sapan stepped down and became executive vice chairman on September 8.
Sapan’s compensation for 2021 was $15.255 million, up from $11.85 million in the pandemic year of 2020 and down from $20.196 million in 2019.
Christina Spade, who joined the company as executive VP and CFO on January 15 and was appointed to the additional role of chief operating officer in November, had total compensation of $7.005 million.
Former COO Ed Carroll, who left the company in October, received total compensation of $8.214 million, up from $6.68 in 2020. ■
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.