Comcast (NASDAQ: CMCSA) CEO Brian Roberts received a 5.1 percent raise in 2014, to $32.96 million in total compensation, while his counterpart at Cablevision (NYSE: CVC), James Dolan, saw his total pay spike 40 percent, to $23.7 million.
This salary information about the captains of cable industry comes courtesy of separate SEC proxy statement filings made Friday.
Roberts' base salary rose 2 percent, to $2.57 million, while his stock and option awards stayed flat, at around $10.6 million. His deferred compensation rose to $6.5 million, from $5.06 million in 2013.
Roberts wasn't the most highly compensated Comcast executive last year, with NBC Universal CEO Steve Burke getting a 9 percent bump, to $33.9 million. CFO Michael Angelakis, who will soon transition to a new role, experienced a 2 percent pay cut, to $18.87 million. And Comcast Cable CEO Neil Smit received a 32 percent raise, to $23.1 million.
Cablevision's Dolan, meanwhile, saw his base salary remain flat, at $2 million, but he got a 33 percent bump in option awards, to $10.5 million, while his non-equity incentive compensation more than doubled, to $10.5 million.
Dolan's father, company founder and chairman Charles Dolan, received incentive compensation of $9.01 million in 2014, up from $3.77 million the year before.
Another SEC filing made Friday, from CBS Corp., revealed that CBS Corp. Chairman Les Moonves took a 14.5 percent pay cut, to $57.2 million, with the value of his stock awards falling.
Sumner Redstone, CBS's non-executive chairman, saw his compensation decline 82.5 percent, to $10.8 million, with the value of his pension plummeting.
For more:
- see this SEC filing from Comcast
- see this SEC filing from Cablevision
- see this Multichannel News story
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