By Josh Beckerman
Warner Bros. Discovery Chief Executive David Zaslav's total compensation for 2024 was valued at $51.9 million, up from $49.7 million the previous year.
The company, home of the Warner Bros. movie studio and brands such as CNN, HBO, Max, Discovery Channel and Food Network, said in its proxy filing Friday that compensation changes have included a transition away from guaranteed bonuses to ensure outcomes are solely driven by company performance.
Warner Bros. Discovery said it had a successful year despite industrywide challenges. It cited the reduction of outstanding debt by about $4.4 billion, the addition of 19 million global subscribers and a strong box office for movies including "Dune: Part Two."
Zaslav's non-equity incentive plan compensation rose to $23.9 million from $22 million. Stock awards were roughly flat at $23.1 million. Base salary remained $3 million.
The company announced Friday that John Malone won't seek re-election to the board and will become chair emeritus.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 11, 2025 13:56 ET (17:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。