Sinclair Inc. Announces Revised Compensation Plan for COO Robert Weisbord with Potential $5 Million Longevity Bonus
Sinclair Television Group, Inc., a subsidiary of Sinclair Inc., has announced a new amendment to the employment agreement with Robert Weisbord, Chief Operating Officer and President of Broadcast. Effective retroactively from January 1, 2025, Mr. Weisbord's annual base salary has been adjusted to $1,000,000. He is now eligible for an annual cash bonus of $1,000,000, with potential additional bonuses based on performance criteria, and an annual executive performance bonus up to $800,000. The agreement also includes annual grants of restricted stock valued at $1,550,000 for 2025, decreasing slightly in subsequent years, with increases thereafter. Furthermore, a special longevity bonus of $5,000,000 is set for Mr. Weisbord if he remains in good standing through January 1, 2027, or if his employment is terminated without cause or due to a change in control.
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