Media Execs Continue To Be The Most Highly Paid Regardless Of Stock Price
The CEOs of media companies continue to be the most highly paid regardless of stock price, according to a tweet from Rich Greenfield of BTIG, citing a comprehensive view of company filings.
The compensation of Philippe Pierre Dauman, the president, CEO and chairman of Viacom, Inc. (NASDAQ: VIAB), rose 22.1 percent to $54.1 million despite the stock falling 43.7 percent in fiscal 2015.
Brian Roberts of Comcast Corporation (NASDAQ: CMCSA) also got 10 percent hike in compensation to $36.2 million versus 2.7 percent fall in stock price.
On the other hand, Robert Iger of Walt Disney Co (NYSE: DIS) got a 3.4 percent pay cut despite the stock climbing 16.9 percent in fiscal 2015. Iger's compensation currently stands at $44.9 million.
Les Moonves of CBS Corporation (NYSE: CBS) got $56.8 million for his services. Although, the amount represents a 0.7 percent drop from last year, it was nowhere near stock price decline of 15.5 percent.
Finally, the compensation of Discovery Communications Inc. (NASDAQ: DISCA)‘s CEO David Zaslav was slashed 79.3 percent to $32.4 million as the stock price of the company fell 23 percent in fiscal 2015.
Posted-In: Brian Roberts David Zaslav Les MoonvesNews Education Management Tech General Best of Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
