negotiating his exit, and had hired a legal team, after only a year leading the company. Kilar did not know about the merger until a few days before it was announced.
Discovery CEO David Zaslav is set to lead the spun-off company, which is expected to reveal its name in the coming weeks. Kilar’s address on Thursday was first reported by The Wall Street Journal.Kilar earned $52.1 million during his first (and now only) year leading WarnerMedia, which dwarfed his boss, AT&T CEO John Stankey.
Kilar took home more than $49 million in stock swards, on top of his base pay of $1.67 million. However, that $49 million will vest over the next four years.
Read more on thewrap.com
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