Mel Karmazin
2008
In 2008, Mel Karmazin earned a total compensation of $28.2M as Chief Executive Officer at Sirius XM Holdings, a 12% decrease compared to previous year.
Compensation breakdown
| Option Awards | $24,118,312 |
|---|---|
| Salary | $1,250,000 |
| Stock Awards | $2,832,000 |
| Other | $6,900 |
| Total | $28,207,212 |
Karmazin received $24.1M in option awards, accounting for 86% of the total pay in 2008.
Karmazin also received $1.3M in salary, $2.8M in stock awards and $6.9K in other compensation.
Rankings
In 2008, Mel Karmazin's compensation ranked 35th out of 9,135 executives tracked by ExecPay. In other words, Karmazin earned more than 99.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 35 out of 9,135 | 100th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 8 out of 846 | 99th |
Major group Communications | 6 out of 236 | 98th |
Industry group Radio And Television Broadcasting Stations | 3 out of 59 | 95th |
Industry Radio Broadcasting Stations | 3 out of 25 | 88th |
Source: SEC filing on April 30, 2009.
Karmazin's colleagues
We found five more compensation records of executives who worked with Mel Karmazin at Sirius XM Holdings in 2008.
2008
David Frear
Sirius XM Holdings
Chief Financial Officer
2008
Scott Greenstein
Sirius XM Holdings
President and Chief Content Officer
2008
James Meyer
Sirius XM Holdings
President, Operations and Sales
2008
Patrick Donnelly
Sirius XM Holdings
General Counsel
2008
Dara Altman
Sirius XM Holdings