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Discovery Gives Perrette New Employment Deal

Discovery Communications has signed JB Perrette, president of the company’s international division, to a new employment contract that runs through June 30, 2019.

The deal gives Perrette a base salary of 1.175 million British pounds, or $1.7 million dollars. His bonus is targeted at 150% of his salary

He will also be granted stock units worth $1.5 miliion and other benefits.

Related: Discovery Sells Olympic Rights to HRT in Croatia

Perrette was named president of Discovery Networks International in January 2014. He joined Discovery in 2011, leading the company’s digital operations.

Before joining Discovery, Perrette was with NBCUniversal.

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.