Mel Karmazin
2007
In 2007, Mel Karmazin earned a total compensation of $32.2M as Chief Executive Officer at Sirius XM Holdings, a 3% increase compared to previous year.
Compensation breakdown
| Bonus | $4,000,000 |
|---|---|
| Option Awards | $24,118,312 |
| Salary | $1,250,000 |
| Stock Awards | $2,832,000 |
| Other | $18,743 |
| Total | $32,219,055 |
Karmazin received $24.1M in option awards, accounting for 75% of the total pay in 2007.
Karmazin also received $4M in bonus, $1.3M in salary, $2.8M in stock awards and $18.7K in other compensation.
Rankings
In 2007, Mel Karmazin's compensation ranked 26th out of 8,700 executives tracked by ExecPay. In other words, Karmazin earned more than 99.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 26 out of 8,700 | 100th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 4 out of 745 | 100th |
Major group Communications | 4 out of 214 | 98th |
Industry group Radio And Television Broadcasting Stations | 2 out of 58 | 97th |
Industry Radio Broadcasting Stations | 1 out of 29 | 97th |
Source: SEC filing on April 30, 2009.
Karmazin's colleagues
We found four more compensation records of executives who worked with Mel Karmazin at Sirius XM Holdings in 2007.