Sinclair Broadcast Group CEO Christopher Ripley's 2019 pay jumps 33% to $9.9M
Sinclair Broadcast Group reports 2019 executive compensation
By ExecPay News
Published: April 29, 2021
Sinclair Broadcast Group reported fiscal year 2019 executive compensation information on April 29, 2021.
In 2019, seven executives at Sinclair Broadcast Group received on average a compensation package of $4.4M, a 6% increase compared to previous year.
Average pay of disclosed executives at Sinclair Broadcast Group
Christopher S. Ripley, Chief Executive Officer, received $9.9M in total, which increased by 33% compared to 2018. 25% of Ripley's compensation, or $2.5M, was in stock awards. Ripley also received $2M in bonus, $8.4K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $2.1M in option awards, $1.3M in salary, as well as $76K in other compensation.
For fiscal year 2019, the median employee pay was $48,220 at Sinclair Broadcast Group. Therefore, the ratio of Christopher S. Ripley's pay to the median employee pay was 206 to one.
David D. Smith, Chairman, received a compensation package of $7.9M, which increased by 6% compared to previous year. 31% of the compensation package, or $2.5M, was in stock awards.
Steven M. Marks, Chief Operating Officer, earned $5.1M in 2019, a 17% decrease compared to previous year.
Barry M. Faber, President / Distribution Network Relations, received $3.4M in 2019, which increases by 108% compared to 2018.
Lucy A. Rutishauser, Chief Financial Officer, earned $2.7M in 2019, a 84% increase compared to previous year.
Robert D. Weisbord, President / Broadcast & Chief Advertising Revenue Officer, received $1.6M in 2019, which increases by 49% compared to 2018.
Jeffrey E. Krolik, Former President Regional Sports Networks, earned $465K in 2019.
Related executives
Robert Weisbord
Sinclair Broadcast Group
Chief Operating Officer
Jeffrey Krolik
Sinclair Broadcast Group
Former President Regional Sports Networks
David Smith
Sinclair Broadcast Group
Chairman
Christopher Ripley
Sinclair Broadcast Group
Chief Executive Officer
Lucy Rutishauser
Sinclair Broadcast Group
Chief Financial Officer
Barry Faber
Sinclair Broadcast Group
President / Distribution Network Relations
Steven Marks
Sinclair Broadcast Group
Chief Operating Officer
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Source: SEC filing on April 29, 2021.