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Gerardo I. Lopez was the Chief Executive Officer of AMC Entertainment Holdings, a major player in the movie theater industry, until he resigned in August 2015. He was born on May 1, 1963, and has a Bachelor's degree in Business...

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Gerardo I. Lopez

Ex-CEO of AMC Entertainment Holdings

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

December 1, 1959 - 65 years ago

CEO of AMC Entertainment Holdings for

6 years 5 months (Mar 2009 - Aug 2015)

Previous Experience

President of Starbucks Coffee Company

Holdings

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During his time at AMC, Gerardo I. Lopez had significant holdings in the company, which reflected the trust placed in him to drive performance. In 2015, he had a vested interest in approximately 27,156 restricted stock units worth over $650,000....

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Insider Trading

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Compensation History

See how much did Gerardo I. Lopez make over time.

In 2015, Gerardo I. Lopez's total compensation was around $2.5 million, which included a base salary of $624,000 and additional vested stock awards valued at nearly $1.8 million. His compensation package was linked to the performance of AMC, emphasizing the importance of meeting financial targets. However, due to his resignation in August of the same year, he did not receive a performance bonus, which normally would have been a significant part of his earnings. This shift highlights the volatility of executive pay tied to company results. Under his leadership, AMC aimed to improve profitability, paving the way for additional long-term incentives for the management team based on achieving set business goals. Lopez’s agreement reflected a mix of fixed and performance-based pay, a strategy commonly used to motivate executives in public companies.

Year

2015

Total Compensation

$1.34M

Salary

$624.17K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate talented executives, aligning their interests with those of the shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

Mr. Lopez did not earn a bonus under the AIP due to his resignation.

Other

$65.16K

Board Justification

Other compensation includes company matching contributions under the 401(k) plan, life insurance premiums, and personal use of corporate aircraft.

Restricted Stock

$651.74K(27.16K RSU)

Board Justification

The RSUs vested based on the Company surpassing a net cash provided by operating activities target of $100 million.

Performance Metrics

The performance metrics for the CEO's compensation included adjusted EBITDA targets and individual performance contributions.

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