Overview

• David Zaslav's 2024 compensation increased by 4% to $51.9 million, up from $49.7 million in 2023, as revealed in Warner Bros. Discovery's proxy statement.
• Zaslav's pay package includes a $3 million base salary, $23.1 million in stock awards, $23.9 million in cash bonuses, and $1.9 million in other compensation.
• Other top executives, including CFO Gunnar Wiedenfels and Chief Revenue Officer Bruce Campbell, also had their 2024 compensation disclosed, with figures ranging from $14.8 million to $19.8 million.
• John Malone, a key architect of the WarnerMedia-Discovery merger, is stepping down as a voting board member and will serve as chair emeritus, providing strategic guidance.
• The disclosures come as the company faces financial challenges, including declining stock performance, a $9 billion write-down on cable network assets, and industry pressures from cord-cutting.