After 2 months on the job, TWC CEO will grab $80 million payout if Comcast buys his company

  • Thread starter Thread starter Brad Reed
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Brad Reed

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Talk about nice work if you can get it! Bloomberg reports that Time Warner Cable CEO Rob Marcus will receive a compensation package worth $80 million if Comcast successfully buys his company, despite the fact that he's only held his position for just under two months. Bloomberg says that "the golden-parachute payout includes $56.5 million in restricted stock units and unvested options and $20.5 million in cash" along with a $2.5 million performance bonus and other goodies.

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