Lionsgate vice chairman Michael Burns has inked a new employment agreement extending the term of his current contract from October, 2022 to October, 2023.The company said in an SEC filing Monday that the deal may be further extended at the company’s discretion for an additional year.Chief executive Jon Feltheimer’s contract was extended in August, making ‘Felt & Burns’ one of the longest running senior management teams in media & entertainment — together since March of 2000.Feltheimer renewed his contract as CEO of Lionsgate further into 2023 than his previous deal, with the company’s board now having the option to extend him for up to two more years beyond that.The new deal expires August 21.
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