Billionaire Carl Icahn did a big favor for Lionsgate execs when he accumulated more than 33% of the stock in June 2010. That triggered change-in-control clauses in executives’ contracts, accelerating their stock payments for the fiscal year that ended this past March. An SEC filing out today shows that Feltheimer received $1.2M in salary and a $1.9M bonus — but nearly $4.8M in stock, up from $412,800 the previous year. The company also paid for personal expenses including $23,882 for club membership dues. Feltheimer’s bonus was down $50,000 in a year when Lionsgate shares increased less than 1%. The filing says that there are ”no specific financial performance targets or other objective performance criteria” for executives’ bonus awards; they’re based on ”a subjective determination” about how well they did. But Feltheimer was by far the highest-paid exec at Lionsgate: He made 250% more than the runner up, General Counsel Wayne Levin, with $3.2M. Feltheimer accounted for 46% of the total amount that went to the company’s top five execs who also included Vice Chairman Michael Burns ($2.7M), Co-COO Joseph Drake ($2M), and CFO James Keegan ($1.5M).


makes sense – it is tough to your golf score low- so the club fees added in help make life a little easier
If only he could break 100
Kick down some of those bonuses to the hard working members of the legal team. They must have been working super over time during this whole mess.
in a year where the standard response coming along with bonuses was, “sorry, it’s been a tough year so we all have to absorb our share”, it seems Mr. Feltheimer is exempt. way to increse company morale.
Fucking ridiculous. $8 million and I’m SURE Jon feels snubbed. Here’s an idea, Jon, take $750,000 and distribute that amongst 2,500 employees – see what kind of improvement you find, people work when their paid right
That’s $300/person . . . I think I’ll just keep the 750K
Money well spent, just like the $85 spent on Conan.
You guys can’t be serious, many of you are overpaid.
Try shoveling dog poop all day for $8 an hour like I do. And, by dog poop I mean scripts like Crank 3.
Is it just me or does John look better in his pic now that he’s richer. Haha.
Seriously people, don’t hate. It’s not John’s fault you work for him, it’s yours.
Just because you guys are using your blackberrys and Iphone’s to comment on my bonus, doesn’t mean I don’t know who you are.
Now get back to work and make me more $$$.
If you need me, I’ll be at the club.
By the way, which should I get this weekend, a Ferrari or a Lambo, aww, screw it, I’ll just get both.
Feltheimer’s $23,000 in ‘club membership dues’ equates to more than most assistants are paid at Lionsgate – and at agencies. $23k so Jon can wipe his ass with a moist towelette should be a crime.
Asshole.
everyone–settle down. 8 bills (mostly stock) isn’t that much for a CEO of a pub traded company. just ask Les M who gets more like 50. or certain agents who make 10. it’s a stressful job and last yr he made like 2.5m all in including stock. what’s he supposed to make? i don’t know him, dislike him, or like him but get over it. i’m a left winger and i’m not even offended by this. 50, that’s a diff story.
I have had the privalate to work for, and talk to Jon Feltheimer and I strongly believe that he deserves every penny he gets from Lionsgate. He made Lionsgate what it is today, and will continue pushing it further in the future. He is a hard working CEO, he knows that company, and the entertainment world inside and out, and he continues to get returns for investors. I will agree that Saw sucked, and Tyler Perry isn’t funny, but they continue make money for investors, and those profits have helped Lionsgate to produce, shoot, and distribute more content each year than the year before. For a company that started in Vancouver in 1995 to now be one of he 6 Major Studios today, they had to do something right, and for the past 11 years, this is the guy doing it. Name another studio CEO who is doing as much as Jon is for the company, and also shows up his kids baseball games, or walks his own dog. I can’t.
Sorry Adam Murphy,
It was a nice attempt to brown nose me, but truth is – nobody likes a kiss ass. Shows lack of self-confidence and ability.
By the way, CBS market cap in relation to Lionsgates means that JF should be making 500K. Of course, people who don’t have a real business degree can’t figure that out.
As a Lionsgate shareholder, I find the story of JF’s Compensation Package for FY 2011 quite interesting as there had been a rumor among shareholders that JF kept the Icahn attack going as he knew it would positively impact his Compensation Package—food for thought?