Jeffrey Katzenberg's Compensation Reaches $23 Million In 2009

Katzenberg's Compensation Reaches $23 Million In 2009

2009 was a good year for DreamWorks Animation Chief Executive Jeffrey Katzenberg.

The tireless promoter of 3-D movie technology received an annual salary of just $1 last year, but the value of his total compensation climbed to $23.4 million in 2009 because of stock and option awards he was granted last spring, according to a regulatory filing today. He received virtually no compensation the previous two years, electing not to receive a token salary and waiving stock awards.

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