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Charter CEO’s 2024 Pay Package Falls Without Option Awards That Inflated Year Earlier Compensation
Charter Communications CEO Christopher Winfrey saw his total compensation package plunge in 2024 from the year before, which was inflated by stock option awards.
For 2024, according to the company’s proxy statement filed today with the SEC, Winfrey saw a base salary of $1.7 million; non-equity incentive plan compensation (like a cash bonus) of $3.75 million; and other compensation (mostly personal use of a corporate airplane) of $296.5k, for a total of $5.75 million versus $89.1 million in 2023. The grants in 2023 were part of a long-term performance equity program. Proxies, which will be rolling out for publicly traded companies this month and next, list the salaries of a company’s top five highest paid executives.
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