AMC Networks EVP & General Counsel James Gallagher to retire Jan 2, 2025; receives severance package

AMC Global Media Inc.

James Gallagher, EVP & General Counsel, will retire on Jan 2, 2025 or earlier; company searching for successor.
Upon separation, Gallagher receives 1.5x base salary + target bonus, plus 2024 bonus if paid to peers.
Health coverage for self & dependents until Jan 2, 2027; continued vesting of time-vested RSUs and immediate vesting of cash performance awards.
Noncompetition covenant for one year after termination.

item 5.02 item 9.01

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Departed

James G. Gallagher

Executive Vice President and General Counsel

AMCX · AMC Global Media Inc.

Effective: 2025-01-02
Filed: July 30, 2024, 7:59 PM ET

On July 26, 2024, James G. Gallagher, Executive Vice President and General Counsel of AMC Networks Inc. (the “ Company ”) and the Company entered into a separation agreement (the “ Separation Agreement ”) pursuant to which Mr. Gallagher will remain employed by the Company until his retirement on January 2, 2025 or any earlier date on which the Company or Mr. Gallagher terminates his employment.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

James G. Gallagher departed as Executive Vice President and General Counsel at AMC Global Media Inc..

Action: retirement
Role: Executive Vice President and General Counsel

Exact text from the filing

On July 26, 2024, James G. Gallagher, Executive Vice President and General Counsel of AMC Networks Inc. (the “ Company ”) and the Company entered into a separation agreement (the “ Separation Agreement ”) pursuant to which Mr. Gallagher will remain employed by the Company until his retirement on January 2, 2025 or any earlier date on which the Company or Mr. Gallagher terminates his employment.

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AMC Global Media Inc. filing history →

Source: SEC EDGAR

accession 0001514991-24-000027

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