Cinemark Holdings CEO Mark Zoradi's 2018 pay rises 17% to $5.2M
Cinemark Holdings reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
Cinemark Holdings reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, five executives at Cinemark Holdings received on average a compensation package of $2.7M, a 9% increase compared to previous year.
Average pay of disclosed executives at Cinemark Holdings
Mark Zoradi, Chief Executive Officer, received $5.2M in total, which increased by 17% compared to 2017. 58% of Zoradi's compensation, or $3M, was in stock awards. Zoradi also received $1.1M in non-equity incentive plan, $1M in salary, as well as $133K in other compensation.
For fiscal year 2018, the median employee pay was $8,626 at Cinemark Holdings. Therefore, the ratio of Mark Zoradi's pay to the median employee pay was 608 to one.
Sean Gamble, Chief Financial Officer, received a compensation package of $2.5M, which increased by 22% compared to previous year. 48% of the compensation package, or $1.2M, was in stock awards.
Michael Cavalier, General Counsel, earned $2.1M in 2018, a 11% increase compared to previous year.
Lee Roy Mitchell, Chairman, received $2M in 2018, which decreases by 15% compared to 2017.
Valmir Fernandes, President - Cinemark International, earned $1.8M in 2018, a 2% increase compared to previous year.
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Source: SEC filing on April 8, 2019.