IMAX CEO Richard Gelfond's 2018 pay rises 16% to $6.3M
IMAX reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
IMAX reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, five IMAX executives received on average a compensation package of $4M, a 11% increase compared to previous year.
Richard L. Gelfond, Chief Executive Officer, received $6.3M in total, which increased by 16% compared to 2017. 52% of Gelfond's compensation, or $3.3M, was in option awards. Gelfond also received $1.7M in bonus, $1.2M in salary, as well as $86K in other compensation.
Greg Foster, Chief Executive Officer, received a compensation package of $6.2M, which increased by 63% compared to previous year. 35% of the compensation package, or $2.2M, was in other compensation.
Patrick McClymont, Chief Financial Officer, earned $2.6M in 2018, a 3% increase compared to previous year.
Robert D. Lister, Chief Legal Officer, received $2.6M in 2018, which increases by 7% compared to 2017.
Don Savant, Former President Worldwide Sales and Exhibitor Relations, Executive Vice President, earned $2.1M in 2018, a 43% decrease compared to previous year.