Tags: Dauman | Viacom | compensation | stock

Viacom CEO's Compensation Jumped 11 Percent in 2013

Sunday, 26 January 2014 11:33 AM

Philippe Dauman rang out 2013 on a high note.

The Viacom chief executive officer got an 11 percent hike to his total compensation package last year, earning $37.2 million in salary, stock and other incentives, according to SEC filings.

Those lofty numbers couldn't match the $43.1 million in total compensation Dauman enjoyed in 2011, nor could it achieve the staggering $84.5 million compensation package he received in 2010.

But it was a strong year for Viacom, which saw its Nickelodeon network battle back in the ratings and rolled out film hits such as "Star Trek Into Darkness." The company's stock hit a record high in December and its share price more than doubled during the calendar year.

Dauman's compensation is largely in the form of stock awards and options, with $3.5 million of it coming in salary.

In addition to Dauman, Viacom Chairman Sumner Redstone's compensation package jumped 77 percent to $36.2 million, while Chief Operating Officer Thomas Dooley's compensation rose 10 percent to $29 million.

A large part of Redstone's raise, nearly $26 million of it, came in changes to his pension, company filings reveal.

© 2021 Thomson/Reuters. All rights reserved.


   
1Like our page
2Share
Companies
Philippe Dauman rang out 2013 on a high note. The Viacom chief executive officer got an 11 percent hike to his total compensation package last year, earning $37.2 million in salary, stock and other incentives, according to SEC filings.
Dauman,Viacom,compensation,stock
186
2014-33-26
Sunday, 26 January 2014 11:33 AM
Newsmax Media, Inc.
 
Newsmax TV Live

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved