Compensation for senior executives at AMC Networks edged lower in 2019, according to documents filed with the SEC Wednesday.
CEO Josh Sapan’s total compensation was $20.195 million, down 2% from $20.615 million in 2018. His salary was unchanged at $2 million and his $13 million in stock awards and $4.4 million in non-equity incentive plan compensation were similar to their 2018 levels.
Ed Carroll, the company’s chief operating officer had $8.412 million in total compensation, down a bit from $8.715 million the year before.
Sean Sullivan, the CFO, and James Gallagher, the general counsel, took bigger hits. Sullivan’s compensation for 2019 was $5.098 million, down from $10.205 million. Gallagher’s was $3.164 million, down from $6.823 million. Both executives got much lower stock awards in 2019.
Charles Dolan, the Cablevision founder who serves as executive chairman of AMC Networks, received $2.752 million, down from 42.833 million in 2018.
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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.