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View Full Version : Labor Group Targets Part Of Comcast Exec Compensation Plan


Mark Holtz
05-06-03, 12:49 PM
From Yahoo/Dow Jones (http://biz.yahoo.com/djus/030506/1329001169_1.html)

Labor Group Targets Part Of Comcast Exec Compensation Plan

The Communications Workers of America has targeted parts of a compensation plan for top executives of Comcast Corp. (CMCSA, CMCSK), which will hold its annual shareholders meeting Wednesday, a newspaper reported.

The compensation committee of Comcast's board wants shareholders to approve a plan that would give Brian Roberts, the company's president, a bonus as high as $3 million if the company meets certain performance goals this year, the Philadelphia Inquirer reported Tuesday. That would be in addition to stock options, a $2 million base salary and other compensation. Other company executives could receive bonuses equal to 50% of their salaries.

Comcast said the compensation plan aims to keep good managers.

Full Article here (http://biz.yahoo.com/djus/030506/1329001169_1.html)

sampatterson
05-06-03, 02:00 PM
So I guess ESPN isn't the only thing that causes cable to raise their rates... ;)