قالب وردپرس درنا توس
Home / Business / Ex-CBS CEO Les Moonves gave up $ 34M in 2018 Pay, Netting $ 12M – Deadline

Ex-CBS CEO Les Moonves gave up $ 34M in 2018 Pay, Netting $ 12M – Deadline



In a recently released proxy statement, CBS said its former CEO, Les Moonves, about NOK 47.1 million in total compensation in 2018, including salary and stock. But after the amount he surrendered due to the circumstances at his end, his total payday came to around $ 12.5 million.

The lower figure is far from $ 69 million or he took home in 2016 and 2017 when he was one of the most paid leaders in media. Moonves left in September a cloud of allegations of sexual abuse and neglect from more than a dozen women.

Moonves lost $ 34.5 million in stock dividends and an additional $ 8 million in share payments made in 2018 under the 2017 pay package. [19659006] The search is still on for the permanent successor to Moonves. The CBS board, which includes a number of new members, has been considering having received a list of finalists from a search company.

One of the finalists is Joe Ianniello, a long-standing Moonves lieutenant who has served as CEO for the past several months. According to the proxy statement, his total compensation was $ 27.4 million in 2018.

The company's annual shareholder meeting is scheduled for May 29, two weeks after CBS's pre-presentation, which returns to its home location at Carnegie Hall. It was on the big stage just a year ago that Moonves attempted to distinguish the rally with his usual showmanship.


Source link