http://apnews.excite.com/article/20110401/D9MB3BVO3.htmlApr 1, 4:30 PM (ET)
By BARBARA ORTUTAY
NEW YORK (AP) - Brian Roberts, the CEO of cable company Comcast Corp., received a compensation package valued at $31.1 million in 2010, up 14 percent from a year earlier as the company worked to complete a deal to become the majority owner of NBCUniversal.
Most of the increase came in the form of a performance-based cash bonus of $10.9 million, up from $8.2 million a year earlier.
The company's board used a formula based on the company's cash flow and revenue and a subjective factor to determine that Roberts bonus should have been $13.4 million, but said that he and other top executives had asked not to receive their full bonuses.
Roberts, who also serves as president and chairman, received stock and option awards worth $11.2 million last year, up 3 percent from a year earlier, according to a proxy filing with the Securities and Exchange Commission.
Roberts received a base salary of $2.8 million in 2010, down 4 percent from $2.9 million in 2009.
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