Discovery CEO Makes $49.9 Million for 2012
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.