AMC Theaters CEO Adam Aron received $18.9 million in compensation in 2021, up from $20.92 million in 2020, according to a pandemic statement from the pandemic-influenced movie giant listed in Commission.
Aaron’s base salary jumped to $1.45 million from $1.1 million a year ago, and he didn’t get his bonus last year after earning $5 million in 2020. In 2021, the main booster of his package The total salary was $6 million. Compensation for a capital incentive plan where you did not earn anything in this category in the previous year.
And its stock awards were $11.4 million in 2021, compared to a stock award of $14.8 million in 2020. AMC’s proxy statement also showed that Sean Goodman, chief financial officer of AMC Entertainment , earned $4.7 million last year, down from $4.24 million in 2020, its first year. With the company.
Juan D McDonald, US COO, grossed $3.01 million in 2021, just below the total earnings of $3.4 million in 2020. AMC Theaters is the world’s largest exhibition and has faced several strategic challenges in the face of the pandemic of COVID-19. Public health response.
Facing potential bankruptcy, Aaron delighted online merchants on platforms like Reddit and TikTok as they bought the company’s stock and made its value soar. This rise in the stock price allowed AMC to tackle new debt and cash to recover from the pandemic.
Recently, AMC Theaters acquired smaller theater chains or leased them from troubled networks and began to diversify into AMC-branded popcorn and other new revenue streams.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
