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
Taco Bell, a division of Yum! Brands Inc, is planning to test delivery of food items on college campuses, the Street reported. The move comes at a time the fast food chain seeks to leverage demand for its popular breakfast and dinner items. In an unusual incident, an Airbus operated by Singapore Airlines temporarily lost power on both its Rolls Royce engines during a flight and plunged almost 13,000 feet or 3.96 kilometers. However, pilots managed to save the Airbus through standard operational procedures and it continued on its routine path. Hormel Foods has agreed to buy organic meat products maker Applegate Farms LLC for about $775 million, as consumers increasingly use natural and organic foods in their diet.
comments powered by Disqus
RELATED NEWS
Trade CBS now with 
Follow RTT