Warner Bros. Discovery CEO David Zaslav's 2023 Pay Package Rises to $49.7M [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
The entertainment conglomerate disclosed latest pay details for its top executives in a regulatory filing. More from The Hollywood Reporter Disney-Fox-Warner Sports Streaming Venture Questioned in Letter From Congressmembers Two Years After WarnerMedia Merged With Discovery, Debt and Megadeal Questions Loom Batman and Bugs Bunny to Lace Up for Animated NHL Simulcast on TruTV and Max (Exclusive) Zaslav's 2023 pay consisted of a $3 million salary, and more than $23 million in stock awards, as well as $22 million in non-equity incentive compensation and $1.6 million in other compensation, including security costs. The rise in compensation was due in part to a decision by WBD to change its executive compensation plan to focus on cashflow, rather than stock price. In 2023 WBD's free cashflow rose in part due to the Hollywood strikes, which shut down productions for months. In 2021, then-Discovery CEO Zaslav had received a pay package worth $246.6 million, a big jump from $37.7
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Earnings
- 2/23/24 - Miss
WBD
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEF
- 4/19/24 - Form DEFA14A
- WBD's page on the SEC website