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Sapan, Carroll Get Big Pay Hikes at AMC Networks

Big stock awards helped give big pay boosts to the top executives at AMC Networks, CEO Josh Sapan (pictured) and COO Ed Carroll.

Sapan’s total compensation jumped to $30.5 million in 2016 from $17.7 million in 2015, according to the company’s annual proxy statement, released Thursday. In 2014, Sapan’s compensation was $40.3 million.

Included in Sapan’s pay was $13.2 million in stock awards and $15.1 million from AMC’s non-equity incentive plan.

Carroll’s compensation rose to $22.2 million from $7.7 million in 2015. He received $5.6 million in 2014.

Included in Carroll’s pay was $5.3 million from the non-equity incentive plan and $15.2 million in stock awards. Only $2.5 million of ths stock award pays out this year, the rest was part of a one-time retention award that was part of a new employment agreement that vests in five years.

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.