Adelphia got Bankruptcy Court approval to increase CFO Vanessa Wittman’s salary to $600K from $490K, retroactive to Jan 1, ’05. General counsel, evp Brad Sonnenberg’s salary increases to $325K from $266K. The MSO asked the court last month to increase salaries and incentives for the 2 "underpaid and overworked" execs. Additionally, Sonnenberg’s bonus potential increases to 80% from 60% of his base salary. Both he and Wittman will receive stay bonuses. Should the Time Warner-Comcast sale go through, they’ll get sale bonuses of 2x their salaries. Business Week pegged Wittman as CFO material for Viacom or Microsoft.

The Daily


Mediacom on OIBDA Roll

Mediacom recorded its third-straight quarter of industry-leading adjusted OIBDA growth, posting a 15.2% YOY increase in 1Q21 to $236.3 million.

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