AOL CEO Pay Drops 46% to $6.48 Million
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AOL Inc., the owner of the Huffington Post and TechCrunch, said Chief Executive Officer Tim Armstrong was paid $6.48 million last year, a 46 percent decline from 2012, when he was awarded larger stock options.
Armstrong’s compensation last year included a salary of $1 million, $3.3 million in stock and option awards, and $2.17 million in non-equity incentive compensation, the New York-based company said today in a filing. In 2012, his total was $12.1 million, including $7.8 million in stock and option awards.