Skip to main content

Cablevision Execs Take Slight Pay Cuts in 2013

Cablevision Systems executives saw their total compensation packages fall in 2013, with chairman and founder Charles Dolan taking the biggest hit, a 41% decrease, according to a proxy statement filed Friday with the Securities and Exchange Commission.

Dolan’s total compensation dropped to $9.75 million for the year, down 41.3% from the $16.6 million he received in 2012. The main difference was in option awards – he received no such awards in 2013, compared to $7.1 million in 2012.

Other Cablevision executives saw less dramatic declines in their overall compensation. CEO James Dolan received $15.99 million in compensation in 2013, about 5.4% less than the $16.9 million he received in the prior year. Vice chairman and chief financial officer Greg Seibert saw his pay dip 8.8% to $10 million in 2013, down from $10.96 million in 2012.

Go to for the full story.