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Untitled Document

Compared to other media CEOs, MSO's Susan Lyn isn't making shit

Published: Wednesday, January 02, 2008

-YOSH

Susan Lyn, CEO of Martha Stewart Living Omnimedia (MSO) may be eyeing the exit. Lyn is said to be feeling kinda under valued due to the measly $4.4 million she made last year. It's so funny that all this is coming to light on Jeff Bewkes' first day as Time Warner CEO. Lyn is said to be a possible replacement for Time Inc CEO Ann Moore when she retires or gets the boot with a fat check. So how soon until she calls it a day at MSO? Hey Sue, while you wait, you should start writing a book about your time at MSO and the whole Martha Stewart going to jail thing. We would so buy it.

The clock started ticking on a one-year automatic renewable option clause as of yesterday, but the original pact that she signed in Nov. 2004 has not been replaced by a new long-term contract, according to the latest SEC filings. That agreement officially expired on Dec. 31, 2007. Her pot of about $3.5 million in company shares lost 58 percent of their value in the past year. She began unloading stock after the price began skidding, collecting just under $890,000 in the past 12 months, and still owns shares valued at about $1.24 million, according to SEC filings.

MSO'S LYNE MAY BE LOOKING FOR BETTER RETURNS [NYP]

Labels: ANN_MOORE, JeffBewkes, MSO, SUSAN_LYNE, TimeInc

Comments on "Compared to other media CEOs, MSO's Susan Lyn isn't making shit"

 

Anonymous Anonymous said ... (2:51 PM) : 

Huba! Huba!

 

Anonymous Anonymous said ... (9:27 AM) : 

Ditto.

Huba! Huba!

 

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