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Warner Bros. CEO to pocket up to US$887 million from Paramount deal
David Zaslav’s $887 million payout includes $517 million in unvested shares, $34 million cash severance, and a $334 million tax reimbursement tied to Paramount’s acquisition.
- Warner Bros. Discovery CEO David Zaslav is expected to receive close to $800 million in compensation following the sale of Warner Bros. to Paramount Skydance.
- Zaslav's compensation package includes unvested Warner Bros shares worth $517 million, a $34.2 million cash severance payment, $44 million in benefits, and $116 million from vested shares.
- He could also receive over $335 million in tax reimbursements, depending on the timing of the deal and IRS rules.
39 Articles
39 Articles
Warner Bros. Discovery's executive director, David Zaslav, could receive compensation of up to $800 million if the acquisition of the company by his rival Paramount, according to documents presented to the Stock Exchange and Securities Commission (SEC) takes place. Read more
David Zaslav Set to Receive $887M in Payments Related to WBD Sale
While there was once much uncertainty around whether Netflix or Paramount would acquire Warner Bros. Discovery (WBD), one thing was always clear: WBD CEO David Zaslav would walk away a very wealthy man. Now, the official estimates are in. According to Variety, Zaslav is poised to receive up to $887 million in compensation tied to the company’s pending sale. High compensation amounts for executives—”golden parachutes”—are not unusual. However, th…
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Warner Bros. CEO David Zaslav Could Receive $800 Million Payout if Paramount Deal Closes
Cometh the hour, cometh the payout. Warner Bros. Discovery (WBD) Chief Executive David Zaslav stands to pocket $800 million in severance and other payments after rival Paramount PSKY acquires the media company, Warner said in a securities filing. The post Warner Bros. CEO David Zaslav Could Receive $800 Million Payout if Paramount Deal Closes appeared first on Breitbart.
David Zaslav, CEO of Warner Bros., will receive a compensation of $887 million for the merger with Paramount, according to a report by the U.S. Stock Exchange and Securities Commission (SEC). The amount includes compensation for dismissal, stock awards, tax reimbursement and medical benefits, which has been described as a “golden parachute.” The compensation is scheduled to be delivered by the end of 2026, when the merger, estimated between July…
Warner Bros CEO to Pocket up to $887 Million From Paramount Deal
Warner Bros Discovery CEO David Zaslav is likely to receive up to $887 million after completion of the media company’s sale to Paramount Skydance, according to a regulatory filing on Monday. WBD last month agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the HBO Max owner. Zaslav is expected to get cash severance of about $34.2million, including…
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