Liberty Global CEO Michael Fries' 2018 pay jumps 671% to $33.0M

Liberty Global reports 2018 executive compensation

By ExecPay News

Published: April 30, 2019

Liberty Global reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, five executives at Liberty Global received on average a compensation package of $13.2M, a 46% increase compared to previous year.
Average pay of disclosed executives at Liberty Global
Michael T. Fries, Chief Executive Officer, received $33M in total, which increased by 93% compared to 2017. 67.66% of Fries' compensation, or $22.3M, was in stock awards. Fries also received $125.6K of change in pension value and nonqualified deferred compensation earnings, $7.7M in option awards, $2.1M in salary, as well as $784K in other compensation.
For fiscal year 2018, the median employee pay was $91,570 at Liberty Global. Therefore, the ratio of Michael T. Fries' pay to the median employee pay was 360 to one.
Enrique Rodriguez, Chief Technology Officer, received a compensation package of $9.6M. 56.01% of the compensation package, or $5.4M, was in stock awards.
Charles H.R. Bracken, Chief Financial Officer, earned $8.8M in 2018, a 4% decrease compared to previous year.
Diederik Karsten, Executive Vice President & Chief Commercial Officer, received $7.8M in 2018, which increases by 81% compared to 2017.
Bryan H. Hall, General Counsel, earned $7M in 2018, a 61% increase compared to previous year.

Related executives

Michael Fries

Liberty Global

Chief Executive Officer

Charles Bracken

Liberty Global

Chief Financial Officer

Bryan Hall

Liberty Global

General Counsel

Diederik Karsten

Liberty Global

Executive Vice President & Chief Commercial Officer

Enrique Rodriguez

Liberty Global

Chief Technology Officer

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Source: SEC filing on April 30, 2019.