Lionsgate Extends CEO Jon Feltheimer’s Contract To 2023

Updated with compensation terms: Lionsgate CEO Jon Feltheimer plans to keep his job there until at least May 2023 as part of a new contract that replaces the previous one due to expire in 2018, the company disclosed this morning.
The new deal keeps his annual base salary at $1.5 million, with a bonus targeted to match that, according to an SEC filing.
As an incentive to promote the stock price, and stay to the end of the contract, he has an option to buy 1.15 million…

Updated with compensation terms: Lionsgate CEO Jon Feltheimer plans to keep his job there until at least May 2023 as part of a new contract that replaces the previous one due to expire in 2018, the company disclosed this morning. The new deal keeps his annual base salary at $1.5 million, with a bonus targeted to match that, according to an SEC filing. As an incentive to promote the stock price, and stay to the end of the contract, he has an option to buy 1.15 million…