Discovery CEO David Zaslav’s Pay Jumped to $246 Million in 2021
thewrap.comWarner Bros Discovery, the company created by merging Discovery Inc. and WarnerMedia, and signed a new employment agreement through the end of 2027.
His rich new contract was packed with $190 million in stock options on top of $3 million in base pay. The merger of the two companies is expected to be completed in early Q2, most likely in April, the company has said.
Zaslav’s finance chief Gunnar Wiedenfels will serve as chief financial officer of the new entity.Zaslav has earned an average of $62.6 million over the past 10 years, according to publicly available SEC filings.
In six of those years, he outpaced now-former Disney CEO Bob Iger, AMC Networks chief Josh Sapan and ViacomCBS CEO Bob Bakish and his predecessor Philippe Dauman.According to the filing, the executive received $45.8 million in 2019, somewhat more than in the pandemic-troubled 2020.
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