Constitution Communications CEO Christopher Winfrey noticed his complete compensation bundle fall dramatically in 2024 from the 12 months earlier than when he was granted possibility and inventory awards valued at about $83 million.
For 2024, based on the corporate’s proxy assertion filed immediately with the SEC, Winfrey noticed a base wage of $1.7 million; non-equity incentive plan compensation (like a money bonus) of $3.75 million; and different compensation (largely private use of a company airplane) of $296.5k, for a complete of $5.75 million versus $89.1 million in 2023.
Winfrey was promoted to CEO, from COO, in December of 2022, succeeding Tom Rutledge.
The grants in 2023 had been a part of a long-term efficiency fairness program.
Proxies, which will probably be rolling out for publicly traded firms this month and subsequent, listing the salaries of an organization’s high 5 highest paid executives.
Constitution is the nation’s largest video supplier by means of its Spectrum model and, with Comcast, a number one broadband supplier.
