Time Warner Cable CEO Glenn Britt pocketed a cool $15.8 million last year, according to the Associated Press. Britt, whose base salary is $1 million, picked up $6.25 million for handling the MSO's separation from parent company Time Warner Inc., a $2 million stock option for renewing his employment contract through 2012, option awards of $5.9 million and stock grants of $2.3 million along with various and sundry other monetary rewards.
Still, when it comes to money, Britt, like his MSO, is number two to Comcast, where COO Steve Burke pulled in nearly $34 million. Of course Burke is in the mix of trying to acquire NBC Universal which is probably a little more time and effort-consuming than breaking away from a parent company.
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