However, they have expressed dissatisfaction with the payout proposed for WBD co-CEO DavidZaslav... WBD CEO David Zaslav’s payout faces backlash ... with the massive payout David Zaslav was set to receive.
DiscoveryCEODavidZaslav's pay package ... However, WBD investors voted against the proposed compensation package for executives, including CEO David Zaslav, who was slated to earn up to nearly $887 million.
Warner BrosDiscovery (WBD) shareholders have voted in favour of Paramount Skydance’s $110bn takeover deal, but against substantial financial exit packages for CEODavidZaslav and other top executives, in a non-binding vote.
Discovery shareholders have rejected CEODavidZaslav’s $887 million golden parachute compensation in a non-binding, advisory vote during a special meeting on Thursday, according to a preliminary tally.
Discovery shareholders voted to greenlight the company’s $81 billion merger with Paramount Skydance on Tuesday — but rejected CEODavidZaslav’s massive golden parachute worth as much as $886 million.
Discovery-Paramount Skydance merger extended to only Hollywood creatives and progressive legislators, rest assured that WBDCEODavidZaslav is also pretty bummed ... He’d rather have the job,” says investor and DreamWorks co-founder David Geffen.
DiscoveryCEODavidZaslav’s eye-popping golden parachute for selling the company to Paramount — worth as much as $887 million — is rich enough that even the gatekeepers of corporate governance are taking notice.
DiscoveryCEODavidZaslav’s $887 million golden parachute compensation in connection with the Paramount merger, specifically taking aim at a tax reimbursement included in the package.
But one guy it’s very, very good for is DavidZaslav, the extremely popular CEO of Warner Bros ... But regardless of all this, Zaslav stands to make a fortune on the sale, to the tune of $886 million.
Discovery, but is rejecting DavidZaslav’s “extraordinary” and “problematic” $887 million golden parachute compensation package in connection with the transaction.
Warner Bros.CEODavidZaslav could receive nearly $900 million in cash, stock and tax reimbursements from the company's impending merger with Paramount. CNBC's Robert Frank explains how this compensation agreement, called a golden parachute, works ...