Time Warner CEO Bewkes Pay Up 26% in 2013
Time Warner CEO Jeff Bewkes’ total compensation rose 26% during 2013.
According to documents filed by Time Warner with the SEC, Bewkes’ salary was unchanged at $2 million, but his option awards jumped to $7.842 million from $2.96 million a year agok, helping to boost Bewkes’ payday.
John Martin, now CEO of Time Warner’s Turner Broadcasting unit, earned $12.7 million as CFO of the parent company.
PR executive Gary Ginsberg was paid more than $4 million, according to the documents.
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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.