Viacom CEO Philippe Dauman's Compensation Rises 19 Percent to $44.33 Million

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His compensation for the previous year had come in at $37.17 million.

Viacom CEO Philippe Dauman's compensation for the latest fiscal year amounted to $44.33 million, up 19 percent from the $37.17 million in the previous year, according to a regulatory filing on Friday.

The company, whose fiscal year ends in September, also disclosed the pay of Viacom executive chairman Sumner Redstone who had made nearly $36.2 million in the previous year. He made $13.2 million in 2014, representing a 64 percent pay-cut.

Redstone's big drop in compensation was due to "change in pension value and non-qualified deferred compensation earnings," which in 2013 amounted to $26 million but in 2014 was only $1.25 million.

Read more Sumner Redstone Turns 90, Parties With Tom Cruise, Mark Wahlberg

Dauman recently extended his contract at Viacom through 2018.

In comparison to Dauman's pay, Walt Disney chairman and CEO Bob Iger earned $46.5 million in the latest fiscal year.

Viacom COO Thomas Dooley earned $34.95 million in fiscal 2014, up from $29.1 million a year earlier.

Michael Fricklas, the general counsel and secretary, earned $7.4 million, up from $7.1 million.

Wade Davis, the CFO, earned $4.7 million, up from $4.4 million.

 

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