Former AMC Networks CEO Josh Sapan’s 2021 Pay Rises 30% to $15 Million

Former AMC Networks chief Josh Sapan’s compensation for 2021, his final year as CEO of the company, rose 30% over the previous year to $15.3 million.

According to a proxy statement filed with the SEC Friday, Sapan’s total pay from the company for 2021 was $15.3 million compared to the $11.8 million he received in 2020 and the $20.2 million he was paid in 2019.

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Sapan’s successor, AMC Networks interim CEO Matthew Blank, was paid $6.97 million for the year. Blank joined AMC Networks in his new role in August just as Sapan stepped down.

Blank’s base salary for 2021 was $630,136, while Sapan’s was $2 million.

AMC Networks chief operating officer and chief financial officer Christina Spade’s total pay for 2021 was $7 million, with a base salary that was increased from $1.15 million to $1.25 million as of Nov. 19, when she also took on the COO role.

More to come….