TWC's Marcus pocketed $34.6M in 2014, edges out Comcast's Roberts for cable biz's top salary

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

Sponsored by Dell Technologies

Whitepaper: How to Elevate Your Content Delivery Workflows With Dell EMC PowerScale

Learn how Dell EMC PowerScale helps meet surging viewer demand while reducing costs with a single centralized platform for the ingest, processing, and delivery of the content your viewers love.

Suggested Articles

WarnerMedia scored a key HBO Max distribution deal with Comcast just as it launched in May. Nearly six months later, there still isn’t an app.

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

AT&T is taking a big risk by sending “Wonder Woman 1984” to HBO Max but it could potentially pay off across several segments within the business.