The company, which owns SiriusXM, the Atlanta Braves and Formula One, also reveals chairman John Malone saw his annual pay package dip to $1.09 million.
John Malone's Liberty Media — which owns audio entertainment giant SiriusXM, the Atlanta Braves baseball team and the Formula One racing circuit — disclosed that president and CEO Gregory Maffei's 2020 compensation amounted to $47.1 million, up from $44 million in 2019 and $20.1 million in 2018.
He had made $19.8 million in 2017 and $16.9 million in 2016. The pay details were disclosed in a regulatory filing with the Securities and Exchange Commission.
Maffei's salary last year was $871,880, against a salary of $1.16 million in 2019. In April 2020, the Liberty Media CEO received restricted stock units as part of a measure to waive and restructure his unpaid calendar year base salary due to "potential liquidity concerns" at the company amid the onset of the coronavirus pandemic.