The president and CEO of cable networks company Discovery Communications saw a huge decline in his pay package last year. Citing a regulatory filing submitted Wednesday, The Hollywood Reporter notes that David Zaslav’s 2015 compensation was $32.4 million — well below the $156.08 million he received in 2014.
Zaslav made $33.3 million in 2013 and $49.9 million in 2012, THR reports, noting that his 2014 package was boosted by one-time stock and options awards connected to Zaslav’s signing of a new long-term contract in January 2014. His 2014 package, the report notes, was “one of the biggest in corporate America in recent years.”
THR adds: “Andrew Warren, the CFO, earned $5 million in 2015, down from $7 million. Bruce Campbell, the chief development, distribution and legal officer, made $6.8 million, down from $7.6 million.”