Viacom CEO Dauman Pay Rises 19% to $44.3M

By Jon Lafayette
( Broadcasting & Cable )
published

Viacom CEO Philippe Dauman’s compensation rose 19% to $44.3 million.

In a document filed with the SEC, Viacom said Dauman’s salary was $3.875 million. He had stock awards of $12.4 million, options worth $7.5 million and $20 million in non-equity incentive plan compensation.

Dauman recently signed a new employment agreement that keeps him with Viacom through 2018.

Sumner Redstone, who controls Viacom and is executive chairman and founder, received $13.2 million in compensation, down from $36.2 million in 2013. Redstone’s salary went up, but he had a big drop in deferred compensation earnings.

Viacom senior executive VP and COO Thomas Dooley received $35 million in total compensation, up 20% from $29.1 million in 2013.

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.