Pay Down 14% for CBS CEO Moonves

CBS CEO Les Moonves’ compensation for 2014 was $57.2 million, down 14% from $66.9 million a year ago, the company said in an SEC filing Friday.

Compensation for Sumner Redstone, the 91-year-old who controls the company, was $10.8 million, down from $57.2 million a year ago.

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.