AMC Entertainment CEO Adam Aron Sees $23.7 Million Pay Package In 2022, Up 25%
deadline.comAMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday.
That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million. “Despite challenging industry and economic conditions, as has been the case since the onset of the COVID-19 pandemic, the Company remained vigilant, flexible, and focused on maximizing results.
The extraordinary efforts and creativity of our management team has allowed AMC to weather the storm while some of our competitors were forced to permanently close or seek bankruptcy protection,” the giant movie theater chain said in an amended 10K, or annual report, filing.
AMC rival Cineworld, parent of Regal, filed for bankruptcy last fall in Texas. Despite a recovering box office, AMC has significant debt and is still vulnerable to swings.
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