Media Stocks Down As Fear Of Global Economic Downturn Spreads

COMMENTS (2)

• But do these men really care ?

  Last year’s $84.5M package made Dauman one of the highest paid CEOs in the U.S. — and a target for a lot of scorn. But much of his bonanza came from one-time stock awards. Without them he’s still a candidate to be one of the most richly compensated media execs in 2011, based on the data in Viacom’s just-filed proxy. For the fiscal year that ended in September, while Viacom stock was up 7.7%, Dauman’s compensation includes: salary of $3.5M (+33% vs last year), annual stock award of $10.2M (flat), $3.1M in one-time stock (-90.1%), $6.0M in annual option award (flat), and $20M in non-equity incentive compensation (+77.8%). His perks included $232,000 for personal use of Viacom’s aircraft, and $15,000 for car service. Dauman’s package accounted for 39.5% of the compensation that Viacom awarded to its top five execs. His lieutenant, COO Tom Dooley, came in second with $34.1M

  Comment by TheOReallyFactor — Tuesday March 6, 2012 @ 4:07pm EST  Reply to this post

  • and the question, oreallyfactor is: why do you care so much? you constantly recite these numbers. the creme de la creme is always going to get paid–in any economy, in any era, in any century. what is your point?

    Comment by ok — Tuesday March 6, 2012 @ 5:24pm EST  Reply to this post