News

AMC Entertainment CEO’s 2020 compensation more than doubled to nearly $21 million

Movie theater operator AMC Entertainment Holdings Inc.
AMC,
-0.71%

disclosed Friday that Chief Executive Adam Aron’s total compensation more than doubled in 2020, to $20.93 million from $9.67 million in 2019. Aron’s compensation included $1.11 million in salary, down from $1.25 million a year ago, as well as a $5.00 million bonus and $14.80 million in stock awards. The big increase in compensation comes as AMC’s stock tumbled 70.7% in 2020 amid challenges resulting from the COVID-19 pandemic, and after falling 41.0% in 2019. So far this year, the stock has rocketed 560.4% through Thursday, as it has been caught up in the trading frenzy in so-called meme stocks. In comparison, the S&P 500
SPX,
-0.30%

rose 16.3% in 2020 and has tacked on 4.2% so far this year.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

News

These States Don’t Tax Retirement Income

‘,panelEmptyTemplate=’ {emptyPanelMsg} ‘,panelErrorTemplate=’ {errorMsg} ‘,panelParentTemplate=”,notifOnboardPromoTemplate=”,EXPANDED_PANEL=”expanded_panel”,ERROR_PANEL=”error_panel”,NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:”_generatePanelMarkup”,value:function(e,n){var t=this._config,i=void 0,o=void 0;”undefined”!=typeof window&&(i=window.Notification&&”default”===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:””;if(r){var s=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,s).replace(“{promoLogo}”,t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:constants.panelHideElement,d=t.panel.headerMsg?””:” ...
News

Micron’s Warning Adds to Evidence of Collapsing Chip Demand

‘,panelEmptyTemplate=’ {emptyPanelMsg} ‘,panelErrorTemplate=’ {errorMsg} ‘,panelParentTemplate=”,notifOnboardPromoTemplate=”,EXPANDED_PANEL=”expanded_panel”,ERROR_PANEL=”error_panel”,NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:”_generatePanelMarkup”,value:function(e,n){var t=this._config,i=void 0,o=void 0;”undefined”!=typeof window&&(i=window.Notification&&”default”===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:””;if(r){var s=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,s).replace(“{promoLogo}”,t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:constants.panelHideElement,d=t.panel.headerMsg?””:” ...

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News