Cinemark Holdings CEO Mark Zoradi's 2020 pay rises 10% to $6.9M
Cinemark Holdings reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
Cinemark Holdings reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Cinemark Holdings received on average a compensation package of $2.9M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Cinemark Holdings
Mark Zoradi, Chief Executive Officer, received $6.9M in total, which increased by 10% compared to 2019. 83% of Zoradi's compensation, or $5.8M, was in stock awards. Zoradi also received $741K in salary and $413K in other compensation.
For fiscal year 2020, the median employee pay was $6,011 at Cinemark Holdings. Therefore, the ratio of Mark Zoradi's pay to the median employee pay was 1,150 to one.
Sean Gamble, Chief Financial Officer, received a compensation package of $2.5M, which decreased by 9% compared to previous year. 74% of the compensation package, or $1.8M, was in stock awards.
Michael Cavalier, General Counsel, earned $1.9M in 2020, a 15% decrease compared to previous year.
Valmir Fernandes, President - Cinemark International , received $1.7M in 2020, which decreases by 11% compared to 2019.
Lee Roy Mitchell, Chairman, earned $1.4M in 2020, a 43% decrease compared to previous year.
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Source: SEC filing on April 2, 2021.