Paramount Global CEO Bob Bakish’s Pay Drops to $20 Million in 2021
Paramount Global CEO Bob Bakish made $20 million in 2021, a drop from when he made $38.9 million the year prior.Bakish’s pay was disclosed in an SEC filing on Friday for Paramount Global, formerly ViacomCBS. Bakish did not receive a bonus in 2021 or receive any new stock awards, and his total pay came from $3.1 million in salary and $16.8 from a non-equity incentive plan. Unlike other media conglomerates, ViacomCBS did not cut the salaries of its executives in 2020 as the pandemic took hold, though most of his earnings that year came from stock awards in what was ViacomCBS’ full first year.