I believe in the industry he's widely respected for having kept AMC operating as long as he has, and his compensation reflects that.

He has a financial obligation to do this. They'd sack him if he didn't.

Reddit tends to circlejerk overpaid execs, and sometimes rightfully so, but you are suggesting that AMC knows Adam Aron is terrible, lost the company money when the industry was doing well, and now that they are at their absolute lowest they've decided to reward him even more than ever.

Doesn't really add up.

Adam has a long history of success in a multitude of different industries. I just think a large theater chain with a huge bloated infrastructure doesn't work anymore. It used to work because theater chains had enormous leverage over studios and distribution houses and they could dictate sweetheart deals and absolutely rape customers on concessions.

Obviously that's all changed in the digital age and all of that bloat doesn't come with the advantage of being useful as leverage anymore.

Fuck I can hit the dilution button every time the stock runs 10% doesn't make me the Steve Jobs of Cinema.

You know that isn't why he's highly compensated. That's just the bare minimum. When it comes to things like that, he's only a single voice in a room of 10 people.

No doubt the gold mine was a stinker, to me that is basically identical to Ryan Cohens NFT marketplace. It's just a side effect of a business model that has nothing to pivot to.

I guess AMC just likes giving away money to a CEO for no reason.