facebook
twitter
rss
account
search
search
 

CBS' head Moonves made more money in 2011

April 14, 2012 at 10:39 AM   |   Comments

HOLLYWOOD, April 14 (UPI) -- Rising stock prices pushed the value of CBS chief Leslie Moonves' compensation package up by 21 percent last year, documents filed with the government show.

Moonves pocketed compensation worth $69.9 million in 2011, which The Hollywood Reporter said made him the highest-paid Hollywood executive thus far this reporting season.

Paperwork filed by CBS shows Moonves' base salary of $3.5 million and $27.5 million bonus were unchanged from last year. What went up were his pension, his $8.5 million in stock awards and his stock options, which surged from $14.9 million to $27.3 million thanks to a 40-percent increase in CBS stock.

The Reporter said the jump helped push Moonves past last year's top-paid executive, Viacom's Philippe Dauman, whose 2011 compensation was off due to special year-ago awards.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Goldie Hawn able to see dead people, says Kate Hudson Goldie Hawn able to see dead people, says Kate Hudson
2
Nikki Bella, Paige beaten by AJ Lee in Triple Threat match Nikki Bella, Paige beaten by AJ Lee in Triple Threat match
3
Kelly Osbourne 'adrift' without Joan Rivers Kelly Osbourne 'adrift' without Joan Rivers
4
Kanye West teaches class at LATTC as part of community service Kanye West teaches class at LATTC as part of community service
5
Caitriona Balfe talks about playing time-traveling heroine on 'Outlander' Caitriona Balfe talks about playing time-traveling heroine on 'Outlander'
Trending News
Video
x
Feedback