Business & Economy

TW Cable execs set to get $135M 'golden parachute'

In this file photo, Time Warner Cable chief executive Rob Marcus speaks onstage during the 2013 WICT Leadership Conference at the New York Marriott on October 7, 2013 in New York City. Marcus is one of several departing executives who are in line to receive
In this file photo, Time Warner Cable chief executive Rob Marcus speaks onstage during the 2013 WICT Leadership Conference at the New York Marriott on October 7, 2013 in New York City. Marcus is one of several departing executives who are in line to receive "golden parachute" compensation totaling around $135 million as part of Comcast Corp.'s $45 billion acquisition of the cable operator.
Larry Busacca/Getty Images for Women in Cable

Departing Time Warner Cable Inc. executives are in line to receive "golden parachute" compensation totaling around $135 million as part of Comcast Corp.'s $45 billion acquisition of the cable operator.

Shareholders are being asked to vote on the packages in a non-binding advisory vote. The details were contained in a securities filing Comcast made Thursday.

Time Warner Cable Chief Executive Rob Marcus is in line to receive $79.9 million, Chief Financial Officer Arthur Minson Jr. is set to get $27.1 million, Chief Technology Officer Michael LaJoie would get $16.3 million and Chief Operating Officer Philip Meeks is to receive $11.7 million.

The amounts include cash, stock and benefits that the executives were to receive for the next two to three years and the final totals could change.