AMC Theatres CEO Adam Aron’s Pay Jumps to $23.7M In 2022

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AMC Theatres CEO Adam Aron’s Pay Jumps to $23.7M In 2022
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He had made $18.9 million in 2021 as the mega-exhibitor was recovering from the COVID-19 crisis and contended with changing consumer habits in the age of streaming.

Aron’s base salary rose to $1.5 million in 2022, from $1.45 million a year earlier. He took home a bonus of $5 million in 2000, but received no bonus during the last two years.

The SEC filing also revealed that CFO Sean Goodman received $6.27 million in overall compensation in 2022, up from a year-earlier $4.7 million pay package. His latest compensation included a $450,000 cash bonus agreed in March 2021 to retain his services. AMC continues to recover from the COVID-19 crisis and contend with changing consumer habits in the age of streaming. In a recent move, the company received shareholder approval for a shake-up to AMC’s share structure, which includes a 10-to-1 reverse stock split and converting preferred APE units into common shares.

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