Pay Drops to $50M for Discovery's Zaslav

By Jon Lafayette
( Broadcasting & Cable )
published

Discovery Communication CEO David Zaslav's compensation fell
to $49.9 million in 2012 from $52.4 million the previous year.

According to proxy documents filed with the Securities and
Exchange Commission, Zaslav's salary rose slightly to $3 million from $2.961
million. He received $25.3 million in stock awards, up from $20.3 million and
had $5.3 million in non-equity incentive plan compensation, up from $4.8
million. But Zaslav's option awards totaled $15.8 million, down from $23.8
million in 2011.

Zaslav made $42.6 million in 2010.

Discovery
founder and executive chairman John Hendricks' total compensation was just $1.8
million, down from $8.9 million in 2011.

Jon Lafayette
Jon Lafayette

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.