The leader of the world’s largest cinema chain took to social media to share an update on the company for 2023. Here’s what inflation could mean for executive pay in the new year.

What happened: The manager of AMC Entertainment Holdings AMC hasn’t shied away from using social media to share updates about the company. CEO Adam Aaron thanked investors on social media and also thanked AMC shareholders for their help save the company from bankruptcy.

On Tuesday, Aron shared an update on AMC regarding employee compensation on Twitter. Aron used three separate tweets to share the update. It looks like an AMC shareholder will have to show Aron how to thread tweets so more people can see the message, rather than separate tweets.

“The biggest inflation in 40 years, so companies will be giving big percentage pay increases in 2023. But I don’t want “more” if our shareholders are suffering. So I recommended to the AMC board of directors that both my cash and stock targets for 2023 be circled in red and frozen. NO INCREASE”, Aron tweeted.

In addition to the demand for his own salary to be frozen, Aron also demanded told Supporters and shareholders that he called on 15 to 20 of the top AMC executives to also freeze salaries and not get a raise in 2023.

“When CEOs ask, executives usually agree. I thank them very much for that. AMC has a very dedicated management team.”

Aaron said that no raises are “the right thing” for AMC executives.

“I have fans and bashers on Twitter who agree or disagree with my decisions. But know this: My motives are pure. I’m trying to guide AMC through the painful aftermath of this terrible pandemic as best I can.”

Related link: 5 things you might not know about AMC CEO Adam Aron

Why it matters: Aron is one of AMC’s largest shareholders and has often tweeted that he will do what is best for the company and shareholders.

The company recently announced a new round of funding and plans to vote on…