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Time Warner Cable CEO Sees Pay Cut — Only Made $16.4 Million in 2011

Phillip Dampier April 5, 2012 TWC (see Charter) 1 Comment

Britt

Time Warner Cable CEO Glenn Britt earned $1 million less in compensation after his stock option awards and non-equity incentive bonus declined over 2010.

Still, the head of America’s second largest cable operator last year earned $1.25 million in direct salary and even more with stock awards and bonuses, for a total compensation package of $16.4 million.

The pay package, disclosed in a Securities and Exchange Commission filing Tuesday, shows Britt also received nearly a half-million in miscellaneous compensation, including $346,395 for his personal use of the Time Warner Cable corporate jet and a company-provided car and driver.

In 2010, Britt earned $17.4 million in total compensation.

Currently there is 1 comment on this Article:

  1. Earl says:

    Here comes the usage based billing.

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