Jon Feltheimer, who has run Lionsgate for more than a quarter-century, has had his contract as CEO extended through July 2031.
The two-year extension, disclosed Wednesday in an SEC filing, follows a previous extension in 2024. The move ensures yet more continuity in the executive suite of the media company, which is conducting business in an industry roiled by change, M&A and executive turnover.
Feltheimer will be paid an annual base salary of $1.5 million, with a target bonus of $7.5 million, up to as much as 200% of the target amount. He is also being granted the option to purchase up to an aggregate of 4.5 million of the company’s common shares at an exercise price of $11.07 per share. Lionsgate stock slipped 4% Wednesday to close at $10.66, though it has risen almost 17% in 2026 to date.
Lionsgate, which Feltheimer joined in 2000,
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