Tom Rutledge, Cablevision's former chief operating officer who left the company to take over as chief executive of the St. Louis-based Charter Communications, now ranks as one of the highest-paid media executives.
Rutledge, 59, earned total compensation of $23.19 million for 2011, more than twice that of his former boss, James Dolan, who earned total compensation of $11.45 million last year, according to The Wall Street Journal.
Rutledge's compensation from Cablevision included $1.74 million in base salary and more than $12 million in retirement benefits.
As CEO of Charter, Rutledge will earn $2 million in base salary and a grant of $32 million in restricted stock.
To put his earnings into further context: Time Warner CEO Glenn Britt earned total compensation of $16.43 million for 2011, down from $13.44 million a year earlier.
Rutledge joined Charter, the country's fourth-largest cable operator, in December replacing the company's interim CEO Mike Lovett, who took over after former CEO Neil Smit left to run Comcast's cable business in January 2010.
Chin Up (FINS)
U.S. job growth lost steam in March. Long-term job seekers should remain confident to boost their chances of getting hired.
Confidence Booster (Bloomberg)
Ok, job growth is slowing down a bit, but consumer confidence last week rose to the highest level in four years, while unemployment claims dropped.
Better Mingling (Sales Machine)
Join groups in which you are one of a few representatives from your field if you want to boost your sales prospects, says Sales Machine.
Bailey's Defense (Dow Jones Newswires)
The Justice Department has filed a complaint against Home Depot for illegally firing Brian Bailey, a National Guard solider. A Home Depot spokesman disputed the allegations, saying Bailey was fired for poor performance.
Strategizing at Y&R (Adweek)
Meet Hope Cowan, Young & Rubicam's North American chief strategy officer, who joined the New York-based advertising agency last week from Leo Burnett.
NFL Magazine Fumbles (Ad Age)
If you have your eyes set on sports magazine marketing, don't rely on the National Football League. The League is folding its NFL Magazine after four issues.
Full Responsibility (Marketing Week)
Marketers should be responsible for sales, says IBM and AT&T sales consultant Neil Rackham.
Buzz Around the Office
Someone needs to put an electronic fence around the window.
List of the Day: Religion
Hold back when it comes to talking religion in the workplace.
1. You can talk about food and decor, but stay away from religious specifics.
2. Don't bring religious symbols to work.
3. Know when to keep quiet.