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Warner Bros CEO David's 2023 pay rises to $50mn despite $3bn loss
short by Mansi Agarwal / on Saturday, 20 April, 2024
Warner Bros Discovery CEO David Zaslav's annual pay rose by 26% year-over-year to roughly $50 million in 2023, as per a regulatory filing. This comes despite the company recording a loss of $3 billion in the year. The pay increase was partly related to the company's decision to change its executive compensation plan to focus more on free cash flow.
read more at Reuters