Cinemark Holdings Inc. CEO Mark Zoradi saw his total compensation for 2020 rise to $6.9 million, compared to $6.3 million in 2019, according to the company's proxy statement filed with the Securities and Exchange Commission on Friday.
That was before Cinemark, the third-largest theater circuit in the U.S. behind AMC Theatres and Regal, swung to a loss for much of 2020 as it faced theater closures and reopenings nationwide amid the novel coronavirus outbreak.
During the COVID-19 crisis, the chain saw senior management give up part of their salaries at the same time there were deep pay reductions for all U.S.