Mike Fries, CEO of Liberty Global, John Malone's international cable giant, saw his overall pay package for 2020 shrink to $44.9 million, compared to a pay packet of $123.2 million in 2019 that was part of a front end-loaded, multi-year compensation package.
The $123.2 million overall compensation package for 2019, part of a new five-year contract renewal, included a multi-year remuneration target, certain levels of stock appreciation and amounts aggregated into a single year lump amount.
Fries total recurring compensation in 2019 was $44.7 million. Fries earned a salary of $1.54 million last year, down from a salary of $2.3 million in 2019.
Read more on hollywoodreporter.com
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