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

Phillip Dampier April 5, 2012 Time Warner Cable 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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  • Elsa: Im with Cox, and just had my cap raised from 100 GBs to 250 GBs, but here is the rub without any change in my usage they are showing a slow but stead...
  • Tim: Hi Phillip, I'm aware it's not "supposed" to count toward the owner's cap. Thing is, it arbitrarily did for my eMTA back in 2013 when I tested this b...
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  • SmilingBob: Ha ha, one of the best stories of the year here. "The two best ways to protect your pets from exposure to robust cell phone signals: 1) Become a Spri...
  • Zach: What are you guys writing to get the credits back? I'm in Gainesville, GA and with the kids watching Sesame Street and Netflix and my design/photograp...
  • Phillip Dampier: I agree. We successfully fought off usage caps with a concentrated campaign directed at both Frontier Communications and Time Warner Cable. Both compa...
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  • Tim: I'm aware it's not supposed to count toward the device owner's cap, but it sometimes counts toward the cap for both the signed-in user AND the device ...

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