Liberty Global CEO Michael Fries' 2020 pay falls 64% to $45M
Liberty Global reports 2020 executive compensation
By ExecPay News
Published: April 30, 2021
Liberty Global reported fiscal year 2020 executive compensation information on April 30, 2021.
In 2020, five executives at Liberty Global received on average a compensation package of $17M, a 53% decrease compared to previous year.
Average pay of disclosed executives at Liberty Global
Michael T. Fries, Chief Executive Officer, received $45M in total, which decreased by 64% compared to 2019. 37% of Fries' compensation, or $17M, was in stock awards. Fries also received $10M in non-equity incentive plan, $16M in option awards, $1.5M in salary, as well as $726K in other compensation.
For fiscal year 2020, the median employee pay was $109,778 at Liberty Global. Therefore, the ratio of Michael T. Fries' pay to the median employee pay was 409 to one.
Charles H.R. Bracken, Chief Financial Officer, received a compensation package of $12M, which decreased by 27% compared to previous year. 39% of the compensation package, or $4.6M, was in stock awards.
Bryan H. Hall, General Counsel, earned $9.9M in 2020, a 21% decrease compared to previous year.
Enrique Rodriguez, Chief Technology Officer, received $9.2M in 2020, which decreases by 33% compared to 2019.
Andrea Salvato, SVP & Chief Development Officer, earned $7.9M in 2020, a 29% decrease compared to previous year.
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Source: SEC filing on April 30, 2021.