Time Warner (TWX) Extends CEO Bewkes Contract for Another 5 Years
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Time Warner Inc. (NYSE: TWX) announced a new employment agreement with Chairman and Chief Executive Officer Jeff Bewkes, extending his term another five years through 2017.
Under the terms of the new agreement, Mr. Bewkes’ base salary and bonus target will remain unchanged. Additionally, the agreement provides for annual long-term incentive awards that are tied directly, and solely, to future financial and shareholder returns.
Under the terms of the new agreement, Mr. Bewkes’ base salary and bonus target will remain unchanged. Additionally, the agreement provides for annual long-term incentive awards that are tied directly, and solely, to future financial and shareholder returns.
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