AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $…
Despite a recovering box office, AMC has significant debt and is still vulnerable to swings. It’s waiting for a legal decision in Delaware Chancery Court this summer — related to the settlement of a lawsuit — that would provide a cushion by allowing the company to raise significant cash if needed. AMC had proposed a series of moves, that were approved by a majority shareholders, aimed at getting its finances and stock price on more solid footing.
“When you have the flexibility to raise capital if you need to, it’s really important. Whether we will need to or not depends on what … the box office is this year.”
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