logo
Share SHARE
FONT-SIZE Plus   Neg

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

CBS Corp. (CBS,CBS-A) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT