National CineMedia Executive Compensation (FY25)
NCMI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Thomas Lesinski | Latest say-on-pay support = May 7, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 4, 2026Latest filing (8-K): May 12, 2026
13 filings cited on this page
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216 figures on this page: 206 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
More on National CineMedia
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Thomas Lesinski: $9,693,147 → $2,652,898 (72.6% lower)
Say-on-pay support: 59.6% → 87.3% (27.7 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is National CineMedia's chief executive and what were they paid?
Thomas Lesinski was paid $2,652,898 in total compensation as Chief Executive Officer for fiscal 2025. Compared with the $9,693,147 reported for fiscal 2024, Lesinski's total was 72.6% lower.
What was National CineMedia's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 87.3% of votes cast for or against in favor at the meeting held May 7, 2026.
Which companies are in National CineMedia's peer group?
Companies named in the disclosed peer group include Acme United Corporation, Cumulus Media Inc., Entravision Communications Corporation, IMAX Corp. and Immersion Corporation, among others.
What is National CineMedia's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 13:1, against median employee compensation of $170,930.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Lesinski Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Scott Felenstein President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ronnie Ng Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Lesinski Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Ronnie Ng Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Lesinski Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ronnie Ng Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Maria Woods Executive Vice President and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott Felenstein President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Lesinski Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Catherine Sullivan President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Ronnie Ng Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Maria Woods Executive Vice President and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Catherine A. Sullivan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Catherine A. Sullivan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Maria V. Woods | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Maria V. Woods | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ronnie Y. Ng | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ronnie Y. Ng | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas F. Lesinski | OPTION | ◇ | — | — | ◇ | — | ◇ | — |
| Thomas F. Lesinski | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas F. Lesinski | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Thomas Lesinski | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 5/5/2035 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 7/31/2033 | |
| Y. Ng | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Maria V. Woods | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Maria Woods | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Catherine Sullivan | PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
David E. Glazek Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Juliana F. Hill | ◇ | ◇ | — | — | — | — | ◇ |
Nicholas Bell | ◇ | ◇ | — | — | — | — | ◇ |
Joseph Marchese | ◇ | ◇ | — | — | — | — | ◇ |
Nathan Lane | ◇ | ◇ | — | — | — | — | ◇ |
Kelly Campbell Kotzman | ◇ | ◇ | — | — | — | — | ◇ |
Lauren Zalaznick | ◇ | ◇ | — | — | — | — | ◇ |
Bernadette Aulestia | ◇ | ◇ | — | — | — | — | ◇ |
Jean-Philippe Maheu | ◇ | ◇ | — | — | — | — | ◇ |
Thomas F. Lesinski, Simon Mullaly and Mark Sadie served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Stock ownership guideline: As of March 9, 2026, all executive officers and directors that met the tenure requirement are compliant with the share ownership guidelines.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Acme United Corporation ACU
- Cumulus Media Inc. CMLS
- Entravision Communications Corporation EVC
- IMAX Corp. IMAX
- Immersion Corporation IMMR
- Madison Square Garden Entertainment Corp. MSGE
- Magnite, Inc. MGNI
- OUTFRONT Media Inc. OUT
- Saga Communications, Inc. SGA
- Sphere Entertainment Co. SPHR
- The Marcus Corporation MCS
- Thryv Holdings, Inc. THRY
- Townsquare Media, Inc. TSQ
- Urban One, Inc. symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 7, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 1, 2025 | = | ◇ | ◇ | ◇ |
| 2022 | November 2, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 4, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 5, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 28, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 2, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | July 6, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 28, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 29, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Thomas Lesinski (Chief Executive Officer), FY2025 total compensation $2,652,898 (base salary $960,577) [exec_comp, SEC accession 0001193125-26-127632, filed 2026-03-27]What this page does not include
Everything above is a fact National CineMedia disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where National CineMedia sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
216 figures on this page: 206 cited to the filing that reported them, 10 calculated from figures it prints.
206 cited to the filing
10 calculated from the filing
Documents cited
- 0001193125-26-219406
- 0001193125-26-127632Fiscal 2025 Grants of Plan-Based Awards · Fiscal 2025 Summary Compensation Table · Non-Employee Director Compensation · Outstanding Equity Awards at January 1, 2026
- 0000950170-25-064450
- 0000950170-25-043192Fiscal 2024 Summary Compensation Table
- 0001377630-23-000188
- 0001377630-23-000061
- 0001377630-22-000080
- 0001377630-21-000126
- 0001377630-20-000089
- 0001377630-19-000077
- 0001377630-18-000003
- 0001564590-17-008810
- 0001564590-16-017654
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “National CineMedia executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/NCMI (accessed 2026).
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The paid brief for National CineMedia
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers National CineMedia discloses
The companies named in NCMI's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}