Discovery CEO Makes $49.9 Million for 2012

3:21 PM PST 04/02/2013 by Alex Ben Block
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David Zaslav

David Zaslav’s salary actually fell a bit from the $52.4 million he made in 2011, due to changes in the value of his stock options, even as the company’s shares rose more than 50 percent last year.

Discovery Communications, with its stock price up more than 50 percent in the past year, paid president and CEO David Zaslav total compensation of $49.9 million for 2012.

The cable TV network powerhouse's compensation disclosure came in a filing with the Securities and Exchange Commission. Many companies whose fiscal year coincides with the calendar year are making these disclosures around this time of year.

Zaslav made a base salary of $3 million and earned a bonus of $5.3 million. He also got a stock award worth $25.3 million and an option grant worth $15.8 million. He also received additional compensation to cover the cost of his car, a home office and personal security worth more than $400,000.

Last year Zaslav made $52.4 million, so his compensation actually fell a little because of a complicated formula for stock options that was impacted by the higher stock price. He made $42.6 million in 2010.

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