Charter CEO Chris Winfrey Sees $89 Million Compensation Package In 2023
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deadline.comThe chief executive of Charter Communications Christopher Winfrey saw total compensation last year of just over $89 million, inflated by $75 million in option awards.
Winfrey was promoted to CEO, from COO, in December of 2022, succeeding Tom Rutledge, who stayed on as executive chair until retiring last November and received a package worth $19 million for 2023 (down from $39 million the previous year).
Winfrey had a base salary of $1.7 million, stock awards of $8.7 million and non-equity incentive plan compensation (cash bonus) of $3.5 million.
His pay last year totaled $15.6 million. The options vest over time and with stock price hurdles. Charter’s proxy statement filed with the SEC said the lowest for Winfrey’s awards is $564.
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