The boss at Tribune Media received a little less than $9 million last year, according to a filing with the Securities and Exchange Commission, RobertFeder.com reports.
Peter Liguori’s total compensation as the company’s CEO was about $8.8 million, the piece reports, adding that Liguori, “who led the historic transformation of Tribune Co. and emerged as chief executive officer of the newly named Tribune Media, made close to $1.5 million in salary and close to $7.3 million in bonuses and other compensation for a total of $8,757,914.”
Liguori became CEO of Tribune Co. in January 2013 and came up with the plan to spin off the newspaper operations as Tribune Publishing, and to focus on the more lucrative broadcasting side, the report notes.
The SEC filing states: “Through Mr. Liguori’s stewardship, we have achieved strong performance results, even while navigating the aftermath of bankruptcy emergence. Mr. Liguori’s contributions in 2013 included strategic input and oversight of all activities associated with: consummation of the acquisition of Local TV; the startup of Tribune Studios, Tribune Digital Ventures and Tribune Real Estate Holdings; preparation for the acquisition of Gracenote; and preparation for the Publishing spinoff.”