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Warner Bros. CEO Zaslav's Pay Cut Amid Restructuring

6/18/2025

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Summary

Story summary

Following a shareholder vote, Warner Bros. Discovery CEO David Zaslav's total compensation will decrease significantly.
His base salary stays at $3 million, while cash bonuses fall from $22 million to $6 million.
Equity awards will also drop from $23.5 million to $15.5 million in the first year.
Zaslav will receive nearly 21 million stock options based on performance metrics.
The company aims to split into two entities by mid-2026, with Zaslav overseeing the Streaming & Studios unit.

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Story summary

Following a shareholder vote, Warner Bros. Discovery CEO David Zaslav's total compensation will decrease significantly.
His base salary stays at $3 million, while cash bonuses fall from $22 million to $6 million.
Equity awards will also drop from $23.5 million to $15.5 million in the first year.
Zaslav will receive nearly 21 million stock options based on performance metrics.
The company aims to split into two entities by mid-2026, with Zaslav overseeing the Streaming & Studios unit.