The total amount of compensation for ViacomCBS CEO Bob Bakish last year was $ 38.97 million, the company said on Friday.
It included a base salary of $ 3.1 million, stock awards of $ 15.9 million, and non-stock incentive compensation (such as a cash bonus) of $ 19.7 million.
Viacom and CBS merged at the end of 2019. Bakish earned $ 8.3 million as CEO of the merged company that year.
In its SEC proxy filing that lists the salaries of top-earning top executives, the company said Naveen Chopra, the new CFO, earned $ 11 million. It started in August. Former CFO Christina Spade earned $ 19.9 million.
Bakish’s four-year contract provides for an annual base salary of $ 3.1 million per year, which can be increased at the discretion of the compensation committee, and an annual target bonus opportunity of $ 12.4 million per year. year. He is entitled to receive annual equity compensation grants with an aggregate target value of $ 16 million.