CEO Bob Bakish's Pay Slipped to $31.3 Million as Paramount Nears Takeover [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
According to the company's proxy statement, Bakish's salary was unchanged at $3.1 million. He received $15.5 million in stock awards and $12.4 million in nonequity incentive plan compensation. Paramount nonexecutive chair Shari Redstone is reportedly discussing selling National Amusements , the family holding company that controls Paramount Global. Also Read: Paramount Global Cuts Streaming Losses, Posts Higher Q4 Profit The potential transaction is not mentioned in the proxy statement. In the case of a a dismissal following a qualifying change in control, Bakish would receive $64 million in salary, stock options and other payments, according to the proxy statement. Pay for chief financial officer Naveen Chopra also rose, climbing 23% to $8 million.
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PARAA
News
- Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger [Yahoo! Finance]Yahoo! Finance
- Paramount Global-B (PARA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Paramount Announces CEO Bob Bakish's Exit as Merger Looms [Yahoo! Finance]Yahoo! Finance
- Paramount Global's New Leadership Trio Tell Staff in Memo After Bakish Ouster: ‘We Know This Has Been a Challenging Time' [Yahoo! Finance]Yahoo! Finance
- Shari Redstone, Newly Elevated Execs Address Paramount Staff Following Bob Bakish's Exit, Talk “Stability” & “Challenging Days” Ahead [Yahoo! Finance]Yahoo! Finance
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 4/29/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/29/24 - Form 8-K
- PARAA's page on the SEC website