AMC Networks CEO Josh Sapan Re-Ups For Two More Years

deadline.com:

Josh Sapan, who has guided AMC Networks since it was a Cablevision subsidiary known as Rainbow Media a quarter-century ago, has signed a contract renewal to remain its president and CEO for two more years.The new deal lasts through January 1, 2023, and was disclosed in an SEC filing late this afternoon.

Sapan will earn a minimum annual base salary of $2 million and an annual target bonus of up to 200% of the base salary. He will also be eligible for grants of cash and/or equity awards worth at least $14 million.In 2019, according to company filings last spring, Sapan earned $20.2 million, down 2% from 2018.Chief Operating Officer Ed Carroll, like Sapan a longtime company veteran, is under contract until the end of 2021.There is a clause