Time Warner Cable (NYSE: TWC) Chairman and CEO Rob Marcus ended 2014 as the cable industry's leader in executive compensation, taking home a total paycheck of $34.6 million, according to a filing made to the SEC Monday.
Marcus edged out Comcast's (NASDAQ: CMCSA) chief executive Brian Roberts ($32.96 million), Cablevision's (NYSE: CVC) top exec James Dolan ($23.7 million) and Charter (NASDAQ: CHTR) president and CEO Tom Rutledge ($16.1 million) for the lead in largesse.
Marcus received a base salary of $1.5 million in 2014, a 50 percent pay raise from the prior year. But it was stock compensation that really gave his paycheck a kick, increasing to $24.7 million in 2014 from $2.2 million in 2013.
Marcus was on track to receive $80 million in severance had Comcast's proposed $45 billion takeover of TWC gone forward.
Meanwhile, TWC CFO Arthur Minson didn't do badly for himself in 2014, taking home a cool $13 million, up from $5.5 million in 2013.
For more:
- read this TWC SEC filing
Related links:
Executive comp revealed: Roberts made $33M in 2014; Dolan got a 40% raise to $23.7M
Charter CEO Rutledge's salary nearly quadrupled to $16.1M in 2014
Cablevision's Dolan makes public TWC merger proposal at INTX