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Liberty Global Plays Down CEO’s Potential Nine-Figure Pay Packet

BNN Bloomberg

(Bloomberg) -- Liberty Global Plc’s Chief Executive Officer Mike Fries is in line for as much as $123 million in compensation, filings ahead of its June 30 annual meeting show. The company was keen to call that gross figure misleading. Fries is able to bank about $50 million for the year finished 2019. About half of that is equity awards. The larger nine-figure number in the proxy filing includes unearned performance-related income rolled in from the next five years, the company said...

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