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Time Warner CEO Jeff Bewkes’ Pay Dips to $31.5 Million in 2015

Company’s top executive, who is also chairman of the board, made $32.9 million last year

Jeff Bewkes earned $31.5 million in 2015, down four percent from his $32.9 million take in 2014.

The Time Warner Inc. chairman and chief executive officer’s salary stayed stagnant year over year, at $2 million annually. His stock awards totaled $7.9 million last year, and his options hit an even $8 million. The first was down a bit, while the latter was up a hair.

Bewkes’ non-equity incentive plan compensation clocked in at $13.4 million, down more than a million bucks from the prior year. A $245,000 decrease in pension value made up the rest of the decline.

And Bewkes can expect to make big bucks for a while longer: In January, the exec extended his Time Warner contract out three more years.

Time Warner will report its first-quarter 2016 earnings on Wednesday morning. We’ll find out then if the boss is still earning his keep beyond 2015.