Ex-CBS President Ianniello Received $125M for 2019

Joe Ianniello, who was president and acting CEO of CBS when it merged with Viacom, received $125.4 million in compensation in 2019, according to documents filed with the Securities & Exchange Commission.

Viacom CEO Bob Bakish became CEO of the combined company and Ianniello was named CEO of the CBS-branded business after the merger.

Ianniello left the company at the end of January.

Related: Cheeks Named President/CEO of CBS Entertainment

According to the proxy filing, Bakish’s compensation was $36.6 million for 2019.

For 2018, when he headed Viacom, Bakish’s pay was $19.955 million.

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.