All posts tagged: 8.8M

Cinemark CEO Sean Gamble’s Pay Rises to .8M in 2023

Cinemark CEO Sean Gamble’s Pay Rises to $8.8M in 2023

Sean Gamble, CEO of major theater chain Cinemark, earned $8.8 million in overall pay in 2023, the company said in a securities filing on Tuesday. His compensation package came as Cinemark, the third-largest theater circuit in the U.S. behind AMC Theatres and Regal Entertainment Group, continued to recover at the box office coming out of the pandemic. Gamble, who became president and CEO of the cinema chain in January 2022, made $5.95 million in overall pay that year. And the big movers of his total pay continue to come from stock awards and a non-equity incentive plan. In 2023, Gamble received a base salary of $900,000, just up from a base salary of $825,000 in 2022 and $687,857 in 2021. Gamble in 2023 once again received no bonus, as happened in the previous two years. But Gamble did nab $5.4 million in stock awards, compared to $3.6 million in stock awards received in 2022, and $1.5 million in 2021. And he received $2.44 million in a non-equity incentive plan last year, up from $1.42 million from …