Breaking News
FONT-SIZE Plus   Neg
Share SHARE

CBS CEO Leslie Moonves Receives $69.90 Mln In 2011 Total Compensation

RELATED NEWS
Trade CBS now with 

CBS Corp. (CBS: Quote,CBS-A: Quote) disclosed in its filing with the Securities and Exchange Commission that its President and Chief Executive Officer, Leslie Moonves, received a $69.90 million in total compensation for 2011, up from $57.73 million in 2010.

The company said that Leslie Moonves got a $3.50 million salary, $27.50 million Bonus,$8.50 million stock Awards, and Option Awards valued at $27.32 million in 2011. Leslie Moonves received a $3.51 million salary, $27.50 million Bonus, $8.00 million stock Awards, and Option Awards valued at $14.87 million in 2010.

The company said in the filing that its Executive Chairman and funder,Sumner Redstone, received a $20.28 million in total compensation for 2011, slightly down from $20.29 million in 2010. Redstone' total compensation for 2011 included a $1.75 million salary, $10.00 million bonus, $5.51 million stock awards and $3.00 million option awards.

Click here to receive FREE breaking news email alerts for CBS Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Fashion retailer Gap Inc. said Thursday after the markets closed that its second quarter profit rose 10% from last year, helped by higher sales and a gain from asset sale. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarter sales. Separately, Gap announced plans to enter India through franchise-operated Gap brand stores in 2015. While buying interest was somewhat subdued, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day extended the recent upward trend by the markets, lifting the S&P 500 to a new record closing high. Republicans have not found much to like about President Barack Obama's nearly six years in office, but the results of a new Washington Post-ABC News poll show that a vast majority support the president's decision to launch airstrikes in Iraq.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.