NBCUniversal president CEO Steve Burke’s compensation for 2018 fell 14% to $39.595 million, but he still out earned his boss, Comcast CEO Brian Roberts.
Roberts’ total compensation was $35.026 million, up 8% from 2017, according to a proxy statement filed with the SEC.
Burke’s salary rose to nearly $3 million from $2.9 million, and he received $5.4 million in option awards in 2018. In both 2017 and 2016, Burke’s option awards topped $15.3 million.
Roberts salary ticked up to $3.2 million. He received $5.3 million in stock awards.
Comcast’s CFO Michael Cavanaugh received total compensation of $21.7 million, up 8%.
David Cohen, senior executive VP, got $19.115 million, up 8%.
Comcast Cable CEO David Watson’s total compensation was $14.8 million, up 30%.
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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.