Cinemark Holdings CEO Alan Stock's 2008 pay falls 73% to $2M
Cinemark Holdings reports 2008 executive compensation
By ExecPay News
Published: March 25, 2009
Cinemark Holdings reported fiscal year 2008 executive compensation information on March 25, 2009.
In 2008, six executives at Cinemark Holdings received on average a compensation package of $1.3M, a 24% decrease compared to previous year.
Alan W. Stock, Chief Executive Officer, received $2M in total, which decreased by 73% compared to 2007. 37% of Stock's compensation, or $754K, was in stock awards. Stock also received $649K in non-equity incentive plan, $603K in salary, as well as $32K in other compensation.
Lee Roy Mitchell, Chairman, received a compensation package of $1.8M, which increased by 88% compared to previous year. 48% of the compensation package, or $855K, was in non-equity incentive plan.
Timothy Warner, Chief Operating Officer, earned $1.3M in 2008, a 158% increase compared to previous year.
Robert Copple, Chief Financial Officer, received $1.2M in 2008, which increases by 159% compared to 2007.
Michael Cavalier, General Counsel, earned $973K in 2008, a 155% increase compared to previous year.
Valmir Fernandes, President - Cinemark International, received $718K in 2008.
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