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AOL CEO Tim Armstrong’s 2012 Compensation Jumps to $12.1 Million


Tim Armstrong

His latest annual compensation includes stock and options awards, as well as a $500,000 bonus.

AOL chairman and CEO Tim Armstrong‘s 2012 compensation rose sharply to $12.07 million, up from $3.22 million in 2011.

It came in below his 2012 take of $15.3 million though.

His latest annual compensation, disclosed in a regulatory filing on Wednesday, included nearly $2.8 million in stock awards, nearly $5.1 million in option awards and a $500,000 bonus. He hadn’t received any such awards or a bonus in 2011.

Armstrong’s salary stayed unchanged at $1 million.

 

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