New NYT CEO will make $1 million year, plus sign-on bonus

New NYT CEO will make $1 million year, plus possible bonuses

Mr. Thompson is receiving a $3 million sign-on bonus. In 2013, Mr. Thompson will receive a $1 million annual salary plus the potential for a $1 million annual bonus. He will also receive a $3 million bonus for meeting long-term incentives, paid out over three years. The bonus payments are not guaranteed unless Mr. Thompson meets certain goals spelled out by the company.

  • Andrew Beaujon

    Andrew Beaujon reported on the media for Poynter from 2012 to 2015. He was previously arts editor at TBD.com and managing editor of Washington City Paper. He's the author of the 2006 book "Body Piercing Saved My Life," about Christian rock and evangelical Christian culture.

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