Warner Bros. Discovery Shareholders Advised to Vote Against David Zaslav’s $550 Million-Plus Golden Parachute ‘Windfall’ Payout From Paramount Deal

Does David Zaslav deserve to receive more than half a billion dollars in connection with the sale of Warner Bros. Discovery to David Ellison’s Paramount Skydance?

Influential shareholder advisory services firm ISS believes the WBD CEO’s “golden parachute” payout package is unwarranted — because it includes “problematic” tax reimbursements and accelerated stock vesting for the exec — and has recommended that WBD investors vote against the measure at the media company’s April 23 special shareholder meeting.

Related Stories

The Warner Bros. Discovery shareholder vote on the severance agreements with Zaslav and other executives is only an advisory measure — meaning the board has

→ Continue reading at Variety

Similar Articles

Advertisment

Most Popular