Study: Media CEOs Making Big Bucks
NEW YORK (AP) — A new study says six of the 10 highest-paid CEOs last year work in the media industry.
The study by the executive compensation data firm Equilar and The Associated Press says the best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, whose total compensation more than quadrupled to $156.1 million in 2014 after he extended his contract.
Les Moonves, of CBS, has a pay package of $54.4 million.
Pay packages for CEOs overall grew for the fifth straight year in 2014, driven by a rising stock market that pushed up the value of executive stock awards.
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