Post Publisher Katharine Weymouth Made $1.9 Million in 2011
Post publisher Katharine Weymouth made over $1.9 million dollars in 2011, according to SEC filings made Friday, as well as receiving a nearly 13 percent raise in her base salary.
Weymouth made $1,927,798 in total from working at the Washington Post Co. in 2011, according to the filing. She received $606,250 in salary, $256,548 in bonus, and $1,065,000 from the “WP Media Three-Year Long-Term Incentive Plan.”
Weymouth’s 2012 base salary has been raised nearly $19,000 from 2011, to $625,000, about a 3.1 percent increase. In 2011, Weymouth’s salary rose from $537,000 to $606,250, a nearly 13 percent increase.
Weymouth’s total compensation from 2011 is lower than what she received in 2010, when she made over $2 million. While the amount Weymouth made in her base salary and WP Media incentive plan rose in 2011, her bonus was $200,000 lower in 2011.
When Weymouth’s compensation was revealed last year, Post staffers criticized her on Twitter, and the Post Guild demanded pay increases like Weymouth’s.
The Post has struggled lately, announcing buyouts and a 3.9 percent decline in revenue and a 6.3 percent daily circulation decline.
