Christina Spade served as the CEO of AMC Networks from September 2021 until her departure in November 2022. During her short tenure, she played a significant role in leading the company through challenging times in the entertainment industry. In 2022,...

Christina Spade served as the CEO of AMC Networks from September 2021 until her departure in November 2022. During her short tenure, she played a significant role in leading the company through challenging times in the entertainment industry. In 2022, Ms. Spade's total compensation was $21.4 million, with a notable portion coming from vested stock units totaling over $10 million when she left. Prior to her CEO role, she was the Chief Operating Officer and Chief Financial Officer at AMC, showcasing her deep understanding of the company's financial structure and operational challenges. Christina has a rich background in media, having worked at ViacomCBS and Showtime Networks where she focused on finance and strategy. Interestingly, she received a severance package of $10.5 million upon her exit, which reflects her critical role and the company’s financial commitments to executives. Spade's experience in partnerships and operational excellence lends insight into how media companies must navigate changing viewer preferences and market dynamics. Her departure opened discussions about AMC's leadership direction in a time when the streaming landscape is rapidly evolving. Overall, Christina's story illustrates both the pressures and responsibilities of leading a major media firm during transformative years in the industry.

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4. Compensation History

5. Other AMC Networks Inc. CEOs

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Christina Spade

Ex-CEO of AMC Networks Inc.

Sector of Economy

Communication Services

CEO of AMC Networks Inc. for

0 years 3 months (Aug 2022 - Nov 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Christina Spade

Holdings

See how much did Christina Spade make over time.

Christina Spade held a substantial stake in AMC Networks during her time as CEO, with stock vesting worth over $10 million in 2022 alone. This amount reflected both her leadership role and the company's performance. At the year-end in 2022,...

Christina Spade held a substantial stake in AMC Networks during her time as CEO, with stock vesting worth over $10 million in 2022 alone. This amount reflected both her leadership role and the company's performance. At the year-end in 2022, she had 45,866 RSUs left unvested, valued at approximately $718,720 based on AMC's stock price. Notably, the vesting schedule for her shares is split over the following years, indicating ongoing financial ties to the company's performance. However, upon leaving, she received a significant severance package of $10.5 million, highlighting the stakes involved for executives in a volatile industry. Her financial holdings at AMC represent a mix of risk and potential rewards tied closely to the company's fate.

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Christina Spade make over time.

In 2022, Christina Spade's total compensation reached $21.4 million, making her one of the highest-paid leaders in the media sector that year. Her salary was $1.2 million, with no annual bonus awarded, but a significant portion of her pay came from stock options and vested RSUs which totaled approximately $10.5 million. This compensation structure emphasized her role in the company's performance, aligning her financial rewards with AMC’s success. The compensation philosophy at AMC focuses on performance-based pay, where a large part of executive earnings is contingent on meeting financial targets such as net revenues and operating income. Upon her departure, she received not just her regular compensation but a severance payment which added significantly to her financial package. Such pay structures reflect the high-stakes nature of corporate leadership in the media industry where every decision can have vast implications.

Year

2022

Total Compensation

$11.77M

Salary

$1.25M

Board Justification

The company emphasizes performance-based compensation, with a significant portion of total compensation being at-risk and contingent on company performance.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022.

Other

$49.34K

Board Justification

Includes 401(k) plan match, excess savings plan contributions, and other benefits.

Restricted Stock

$10.47M(269.2K RSUs)

Board Justification

269,203 RSUs vested in 2022, with a total value of $10,469,305 based on the closing price of Class A Common Stock on the vesting date.

Performance Metrics

Compensation is linked to the company's financial performance metrics including net revenues, adjusted operating income (AOI), and free cash flow.

Other AMC Networks Inc. CEOs

Here are other CEOs of AMC Networks Inc.

Kristin Dolan

CEO of AMC Networks Inc.

March 2023 - Present