Time Warner CEO Bewkes Earned $32.6M in 2016 - Broadcasting & Cable

Time Warner CEO Bewkes Earned $32.6M in 2016

Big increases for CFO and general counsel
Author:
Publish date:
TimeWarner_HQ_1_3x5.jpg

Jeff Bewkes, CEO of Time Warner, which is in the process of completing its sale to AT&T, received $32.6 million in compensation for 2016, according to a proxy statement filed with the SEC.

Bewkes earned $31.5 million in 2015 and $32.9 million in 2014.

Bigger raises went to Time Warner CFO Howard Averill and general counsel Paul Cappuccio.

Related: FCC Approves Time Warner's WPCH Sale to Meredith

Averill’s compensation rose to $20.3 million from $10.8 million the prior year. His pay included $12.4 million in stock awards.

Cappuccio got $16.3 million, up from $9.5 million. His pay included $9 million in stock awards.

Compensation for Gary Ginsberg, executive VP for corporate marketing and communications, rose to $6.9 million from $5.2 million in 2015.

Related