Adelphia yesterday asked the US Bankruptcy Court for the Southern District of NY to OK raises and incentives packages for 2 execs the MSO characterizes as "underpaid and overworked." In a brief filed Thurs, Adelphia asked that CFO Vanessa Wittman’s base salary be bumped up to $600K from $490K, and that General Counsel Brad Sonnenberg’s $266K salary be upped to $325K. The company also said that the execs deserved "stay bonuses" of 1-1.5x their salaries if they remain with the company through June, or bonuses of 2x their salaries if the company is sold. "If the Debtors were to lose [either exec] to another company and the emergence process consequently was delayed by even 1 month, the incremental cost to the Debtors’ estate could exceed $20mln," Adelphia said in the motion. How vital is Wittman to the company? Check out the April 11 BusinessWeek, which hits newsstands today, for a profile of the tireless exec that pegs her as future CFO material for Viacom or Microsoft.

The Daily



Rocío Lorenzo will join Liberty Latin America as svp and chief customer officer in August. Lorenzo most recently worked at Boston Consulting Group, where she led the firm’s Telecommunications practice as partner and managing director. — LaTasha Ezell was promoted to vp, creative services for UP Entertainment. She has been at the company since 2012 […]

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