Starz CEO Jeff Hirsch projected compensation of $6.75 million for 2025, a transition yr by which the corporate cut up from Lionsgate Studios.
Hirsch obtained a base wage of $1.16 million; $2.53 million in inventory awards; and $2.95 million in incentive plan compensation, in line with a proxy assertion filed with the SEC. There are not any year-over-year comparability figures as Starz and Lionsgate Studios simply parted methods in Could 2025.
Starz additionally set its first annual shareholder assembly as a standalone public firm for Could 7.
The board, which final fall signed a brand new three-year employment contract with Hirsch by way of the tip of 2028, highlighted his management through the separation, assembly monetary objectives and advancing its development technique by rebuilding its content material library, greenlighting and producing the primary Starz-owned authentic collection. Land of fightsecuring co-ordering companions and bettering the fee construction of content material.
Starz laid off about 7% of its workforce in March.
The proxies element the compensation of an organization’s 5 highest-paid executives. Hirsch’s workforce contains Starz Community President Alison Hoffman, CFO Scott MacDonald, Common Counsel Audrey Lee and EVP of Know-how Jason Wyric.
For 2025, Starz’s compensation desk additionally lists Jon Feltheimer and Jimmy Barge, CEO and CFO of the previous Lionsgate and at present Lionsgate Studios, who obtained prorated compensation for the yr by way of the cut up of, respectively, $224,000 and $129,000.
The proxy additionally talked about a one-time grant of inventory choices value $3 million to Michael Burns in addition to an annual grant of performance-based restricted inventory models value $500,000 to the non-executive chairman of the board.