AMC Entertainment CEO Adam Aron’s Compensation Doubled to $20.9M In 2020 Amid Shutdown

deadline.com:

AMC Entertainment CEO Adam Aron earned $20.9 million in total compensation last year, double $9.6 million the year before due to a big bonus and stock awards.According to the company’s SEC filing Friday, Aron’s package in 2002 included a base salary of $1.1 million, a bonus of $5 million and stock award of $14.8 million.The company pre-announced the bonus — there was no bonus in either 2018 or 2019 — citing Aron’s efforts to keep the struggling exhibitor afloat during a global pandemic that shuttered theaters.

The circuit, which was close to bankruptcy, was saved by a capital raise late last year and love from retail investors on Reddit.AMC was also in the news today as key movie market New York City allowed theaters to reopen at reduced