Lionsgate Extends CEO Jon Feltheimer’s Contract for Two More Years, Keeping Him Onboard Through 2031
Jon Feltheimer’s Contract Extended as CEO of Lionsgate Through July 2031
Jon Feltheimer, who has led Lionsgate for over 25 years, has had his contract renewed, securing his position as CEO until July 2031. The two-year extension was revealed in a recent SEC filing, following an earlier extension announced in 2024.
This move reinforces stability within the executive ranks of Lionsgate, particularly amid an evolving landscape characterized by mergers, acquisitions, and shifts in leadership within the media industry.
Under the new contract, Feltheimer will receive an annual base salary of $1.5 million, alongside a target bonus of $7.5 million, which could potentially reach as high as 200% of that target. He will also be granted options to purchase up to 4.5 million shares of Lionsgate’s common stock at an exercise price of $11.07 per share. Despite a 4% drop in stock value on Wednesday, closing at $10.66, Lionsgate shares have still appreciated nearly 17% in 2026.
Having joined Lionsgate in 2000, Feltheimer has overseen its evolution into a more focused production company, particularly following its split from Starz last year. The company remains a significant player in film distribution, known for successful franchises such as "John Wick" and "Hunger Games." Alongside Michael Burns, the company’s vice chair, Feltheimer has guided Lionsgate through numerous M&A deals, expanding its library and significantly increasing its valuation.
Before his tenure at Lionsgate, Feltheimer spent nine years at Sony Pictures Entertainment, where he led the Columbia TriStar Television Group. His efforts included launching nearly 30 branded channels globally and contributing to Sony’s acquisition of the Telemundo Group in 1997, in collaboration with Liberty Media and Apollo Management.
