Sinclair Broadcast Group CEO Christopher Ripley's 2020 pay jumps 29% to $13M
Sinclair Broadcast Group reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Sinclair Broadcast Group reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, six executives at Sinclair Broadcast Group received on average a compensation package of $6.7M, a 51% increase compared to previous year.
Average pay of disclosed executives at Sinclair Broadcast Group
Christopher S. Ripley, Chief Executive Officer, received $13M in total, which increased by 29% compared to 2019. 47% of Ripley's compensation, or $6M, was in stock awards. Ripley also received $1.3K of change in pension value and nonqualified deferred compensation earnings, $1M in non-equity incentive plan, $4.4M in option awards, $1.4M in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $55,330 at Sinclair Broadcast Group. Therefore, the ratio of Christopher S. Ripley's pay to the median employee pay was 231 to one.
David D. Smith, Chairman, received a compensation package of $8.4M, which increased by 7% compared to previous year. 71% of the compensation package, or $6M, was in stock awards.
Jeffrey E. Krolik, Former President Regional Sports Networks, earned $6.9M in 2020, a 1383% increase compared to previous year.
Barry M. Faber, President / Distribution Network Relations, received $5.3M in 2020, which increases by 57% compared to 2019.
Robert D. Weisbord, President / Broadcast & Chief Advertising Revenue Officer, earned $3.8M in 2020, a 143% increase compared to previous year.
Lucy A. Rutishauser, Chief Financial Officer, received $2.9M in 2020, which increases by 9% compared to 2019.
Related executives
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
Robert Weisbord
Sinclair Broadcast Group
Chief Operating Officer
Jeffrey Krolik
Sinclair Broadcast Group
Former President Regional Sports Networks
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Source: SEC filing on April 29, 2021.