AMC Entertainment Holdings Inc. CEO Adam Aron has decided to freeze his salary for next year, anticipating that inflation could be higher than in previous decades. Aron ranked No. 2 in the most recent Kansas City Business Journal ranking of the highest-paid public company executives, with 2021 total compensation valued at $18.9million. Aron tweeted Tuesday that he had recommended to AMC's board "to red circle, freeze both my target cash & target stock pay for 2023." His base salary was $1.45million in 2021. According to the annual proxy statement, the board can increase but not decrease his base salary every year. The agreement also contains a target incentive bonus equal to at least 125% of the base salary. Aron tweeted the following: "Despite high inflation, i also 'asked’ our most senior officers (15-20 executive) to forego an increased cash salary for 2021. In 2021, Sean Goodman, Executive Vice President and CFO, had the second highest compensation at AMC. In a non-binding advisory panel earlier in the year. Nearly 86.9 Million shares voted against this compensation plan, while 52.15 millions voted in favor.