reports awards CEO

David Zaslav Received $203 Million in Stock Options for Massive 2021 Compensation Pact

Reading now: 494
variety.com

Cynthia Littleton Business EditorDiscovery CEO David Zaslav received a massive $203 million stock option grant last year that inflated his total 2021 compensation package to a staggering $246.6 million.The stock option grant comes as Zaslav is about to lead a much larger company as the merger of WarnerMedia and Discovery nears completion.

Although Zaslav will not see any liquidity from those options for years to come — and the payout only comes in success — the sheer size of the package is sure to draw more criticism about excessive executive compensation.Zaslav received another $13.1 million in stock awards last year, in addition to $22 million in other compensation, on top of a previously reported $4.4 million bonus.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA