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Charter Communications CEO Made 148 Times More Than Average Spectrum Employee

Phillip Dampier March 19, 2018 Charter Spectrum, Consumer News No Comments

Charter Communications CEO Thomas Rutledge’s 2017 salary was equal to the average pay of 148 Charter employees, according to a new regulatory filing.

The cable company’s proxy filing showed the CEO’s total compensation last year was $7.8 million. The average Charter employee is paid $52,722.

While the average cable company employee no longer qualifies for a pension, two of Charter’s top executives do, and Mr. Rutledge’s is currently worth $1,268,082.

Other top Charter executives all made in excess of $1 million in 2017:

    • President/COO John Bickham: $4.88 million
    • Senior Executive VP David Ellen: $3.14 million
    • Chief Financial Officer Christopher Winfrey: $2.07 million
    • Chief Accounting Officer and Controller Kevin Howard: $1.54 million

Each of Charter’s 12-member board of directors also received considerable compensation in 2017, ranging from $299,522-$506,628 in cash and stock awards.

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Stop the Cap!