Warner Bros. Discovery CEO David Zaslav received $39.3 million as compensation for his work overseeing the newly merged Discovery-Warner Media empire last year.
That’s the pay package disclosed in a regulatory filing, which also disclosed 2022 salaries for other top executives.Then-Discovery CEO Zaslav was given a package worth $246 million in 2021, a massive upswing from $37.7 million in 2020 and $45.8 million in 2019.
CFO Gunnar Wiedenfels received $13.5 million, up from $11.3 million in 2021. This as Warner Bros. Discovery’s stock fell more than 60% in 2022 following the mega-merger that created it.
Annual revenue adjusted for the merger fell 5% in 2022 to $43.1 billion, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) decline 12% to $9.2 billion.
Read more on thewrap.com
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