AMC Networks CEO Kristin Dolan Earns $14.6 Million in 2023 Amid Company Restructuring
Kristin Dolan's compensation package in her first year as CEO includes substantial stock awards and incentives, as AMC Networks navigates significant changes and a declining stock value.
- Kristin Dolan received a total of $14.6 million in compensation for 2023, her first year as CEO of AMC Networks.
- The compensation package included $1.65 million in base salary, $8.8 million in stock awards, and over $4 million in non-equity incentives.
- Dolan's appointment followed a tumultuous period including the brief tenure of her predecessor and significant layoffs announced by interim executive chairman James Dolan.
- AMC Networks saw a 12.1% increase in net income and a 23% increase in free cash flow in 2023, despite a 43% drop in stock value year-to-date.
- The company has expanded its distribution ecosystem and struck a content licensing partnership with Warner Bros. Discovery’s Max.