Monday, April 15, 2013

Cumulus CEO John Dickey 2012 Pay: $2.1M

According to a just-filed Cumulus proxy, CEO Lew Dickey compensation has tumbled from $19.9M in 2011 to $2.1M in 2012.  The big difference:

Lew received $15.2M in stock awards in 2011.

In 2012, his base salary was $1.45M plus a $725,000 bonus.

Brother John Dickey reaped a total of $5.4M in 2012, comprised of a $875,000 base, $626,500 bonus, $389,600 in stock awards and $3.6M in options.

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