Leadership & Pay ·
Starz Entertainment Corp. announced that its subsidiary entered into a new employment agreement with Alison Hoffman…
STRZStarz Entertainment Corp
Starz Entertainment Corp. announced that its subsidiary entered into a new employment agreement with Alison Hoffman, President of Starz Networks, effective August 6, 2026, and expiring December 31, 2029. The contract establishes an annual base salary of $1,485,000 and a target bonus opportunity equal to 150% of her base salary. It provides for annual equity awards with a target value of 100% of base salary in 2027, 2028, and 2029, subject to Compensation Committee approval. Severance provisions include cash payments based on the greater of remaining term or eighteen months of salary upon qualifying termination, plus COBRA premiums for up to eighteen months. A change-in-control scenario triggers an additional lump-sum payment equal to 70% of severance and acceleration of unvested equity awards. The company operates in the entertainment industry, providing streaming video-on-demand services.