David Zaslav's Pay Package Increases to $51.9 Million Amid Warner Bros. Struggles

David Zaslav, CEO of Warner Bros. Discovery, received a 4% pay increase in 2024, bringing his total compensation to $51.9 million, up from $49.7 million in 2023. The pay package includes $3 million in salary, $23.1 million in stock awards, and $23.9 million in non-equity incentive compensation. Despite Zaslav's substantial earnings, Warner Bros. Discovery has faced significant challenges, including stock declines and layoffs at CNN, as the company navigates a difficult media landscape. Activist shareholders have shown interest in the company as it continues to restructure and adapt its corporate strategy. Notably, Zaslav's mentor, John Malone, is stepping down from his board position but will remain as Chair Emeritus to provide strategic counsel. Warner Bros. Discovery's annual shareholder meeting is scheduled for June 2, where executive compensation will be among the key topics discussed.