Viacom CEO Bakish Got Paid $20M for 2018

By
( )
published

Viacom CEO Bob Bakish received total compensation of $19.955 million for fiscal 2018, down 2% from the prior year, according to a filing with the Securities and Exchange Commission.

Bakish, who is trying to turn around Viacom by focusing on a small group of flagship networks and acquiring digital media companies, got a salary of $3 million in 2018, up from $2.8 million in 2017.

Related: Viacom Gets Into Streaming By Acquiring Pluto TV

His stock awards fell to $2.499 million from $4.795 million, but is non-equity incentive plan compensation rose to $9.376 million from $7 million.

The next highest paid executive in Viacom’s filing was CFO Wade Davis, who received $7.124 million in compensation, up from $6.525 million.

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.