Mark Thompson, the new CEO of the The New York Times Company, has a lot of work ahead of him. So hopefully, an annual base salary of $1 million per year and an equity sign-on bonus of $3 million will help sooth whatever stressors are ahead.
One million per year is not a bad salary. It’s only about $55 million less than Manny Pacquaio made last year and $36 million less than Adam Sandler.
That’s probably not a good way of looking at it.