Clayton, Other Dish Execs See Compensation Plunge in 2012
Lack of stock, option awards drives down exec pay
By Mike Farrell, Multichannel News -- Broadcasting & Cable, 3/22/2013 5:47:32 PM
Clayton, who joined Dish in June 2011 as CEO, earned $907,000 in 2012, down from the $9.8 million he received in 2011. According to a proxy statement filed late Friday, Clayton's annual salary nearly doubled to $900,000 from $467,000 in 2011 (when he only served half the year), but he received no bonus, stock options or awards. In 2011, the bulk of the CEO's compensation came in the form of stock and option awards -- $306,700 and $9.1 million, respectively.
That lack of options also helped drive down total compensation for two other top Dish executives -- executive VP and chief operating officer Bernard Han and executive VP of corporate development Thomas Cullen.
Click here to read the full story at Multichannel News.
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