John Martin

Time Warner Inc. CEO 2011 Total Compensation Valued At $25.9 Million

Time Warner Inc.

's (TWX) Chief Executive Jeff Bewkes earned total compensation in 2011 valued at $25.94 million, down slightly from a year earlier, the company said in a regulatory filing Monday.Bewkes' 2011 compensation includes a $2 million salary, $13.5 million in non-equity incentive compensation and more than $10 million in stock and options awards. For 2010, Bewkes earned total compensation valued at $26.3 million.Time Warner Inc., which owns Time Warner Studios, CNN and HBO, reported a profit of $2.9 billion for 2011, up nearly 12% from a year earlier. Time Warner Inc. in February also announced plans for a new $4 billion share repurchase program and increased its quarterly dividend by 11%. The stock gained 12% in 2011.CEOs at big media companies have historically claimed some of the top executive salaries. Bewkes 2011 pay still ranks behind that of Viacom Inc.'s (VIA) CEO Philippe P. Dauman, who earned total compensation valued at $43.12 million for 2011. Walt Disney Co. (DIS) ...

Read More ›