NEWS2 January 2014

New Nielsen CEO starts with $1m salary

News North America People

US — Mitch Barns, the new Nielsen CEO, stands to earn up to $2.8m this year if his first 12 months in charge of the world’s largest research company are a success.

Barns’ basic annual salary of $1m was agreed by the board of directors on 19 December, “following a recommendation of the company’s Compensation Committee”, the company said in an SEC filing. But, in addition to the basic, Barns is eligible to receive an annual bonus based on 2014 performance of up $1.8m.

Barns replaced David Calhoun as CEO on 1 January. He was previously president of global client service.

Calhoun, meanwhile, remains executive chairman of Nielsen, but is also set to join private equity firm Blackstone as senior managing director and head of private equity portfolio operations.