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.

	    
 Subscribe
        
Here comes the usage based billing.