News Articles

Moonves 2012 Pay as CBS CEO Down From 2011 to $62.2M

Redstone compensation jumps on pension and deferred income 4/12/2013 05:12:50 PM Eastern

CBS CEO Les Moonves' total compensation dropped to $62.2
million in 2012. Though that's down from $69.9 million in 2011, he remains one
of the highest paid executives in the media business.

Moonves' base salary rose slightly to $3.513 million, but
his option awards rose to $27.3 million from $16.3 million.

for Sumner Redstone, the executive chairman of CBS and controlling shareholder,
rose to $31.3 million from $20.2 million in 2011. The value of Redstone's
pension and non-qualified deferred compensation rose to $13.9 million from
$18,428 in 2011.


Alert to All Users of the Disqus commenting system:
Because of a recent global security issue, the Disqus website recommends that all users change their Disqus passwords. Here's a URL about the issue: