Mark Thompson - MediaJobsDaily http://www.mediabistro.com/mediajobsdaily Hire Minds Delivering News & Insight About Jobs in the Media Copyright 2013 Fri, 24 May 2013 17:03:47 +0000 http://blogs.law.harvard.edu/tech/rss http://wordpress.org/?v=3.4.1 The New York Times Company Reveals Compensation Package of Incoming CEO Mark Thompson, the new chief executive officer of The New York Times Company, is going to earn an annual salary of $1 million.

Plus, his sign-on bonus to be paid in stocks and stock options is valued at $3 million, according to The New York Times.

In addition to numbers released this morning, reportedly he’s eligible for an annual bonus of $1 million.

Thompson is eligible to earn a separate bonus to the tune of $3 million as it relates to meeting long-term incentives. This isn’t a guaranteed number; its’ contingent on meeting specific goals and would be paid out over three years.

Joining from the BBC, he replaces Janet Robinson. According to the piece, his compensation package is similar to hers. It’s anticipated he’ll begin his new job this November.

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]]> Vicki Salemi http://www.mediabistro.com/mediajobsdaily/the-new-york-times-company-reveals-compensation-package-of-incoming-ceo_b11955#disqus_thread http://www.mediabistro.com/mediajobsdaily/the-new-york-times-company-reveals-compensation-package-of-incoming-ceo_b11955 http://www.mediabistro.com/mediajobsdaily/?p=11955 Fri, 17 Aug 2012 14:40:20 +0000