According to a proxy statement filed by Comcast, chairman and CEO Brian Roberts received $35.4 million in salary in 2023, an increase of 11% over the previous year.

In addition to his salary of $2.5 million, Roberts received $15 million in stock awards, $9.2 million in option awards, and $8.6 million in inactive plan pay.

Mike Cavanagh, Comcast’s president in addition to leading its NBCUniversal unit, had a total remuneration of $29.6 million in 2023.

READ MORE: Cable TV And Satellite Companies Such As Spectrum, DIRECTV, And Comcast Lost More Than 6.9 Million Subscribers In 2023

In 2022, Cavanagh signed a new deal that allowed him the opportunity to buy 2 million shares of Comcast Class A common stock for $14.8 million. His total remuneration for 2022 was $40.5 million.

READ MORE: In 2023, Comcast Lost Almost 2 Million Cable TV Subscribers As A Result Of The Widespread Use Of Cord Cutting

Earlier this week, Comcast announced flat first-quarter earnings, with revenues increasing 1.2% to $30.1 billion.

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