Lionsgate Extends CEO Jon Feltheimer’s Contract Through 2031
The stock-heavy deal signals confidence in the standalone studio’s direction.
Overview
- Lionsgate, which disclosed the deal Wednesday in an SEC filing, extended Jon Feltheimer’s term by two years to July 31, 2031.
- The agreement keeps his base salary at $1.5 million and grants stock options priced between $17 and $22 per share as a management incentive.
- With shares closing Wednesday at $10.66, the options sit above the current price, which means he benefits only if investors see the stock rise.
- The company now operates separately from Starz and leans on franchises like John Wick and The Hunger Games to anchor film and TV output.
- Recent momentum includes The Housemaid’s surprise box-office run and next week’s launch of the Michael Jackson biopic, while leaders tout valuable IP as potential M&A interest but note no suitor has surfaced.