The CEO of Warner Bros. Discovery, David Zaslav, experienced a 26.5% pay raise in 2023, reaching close to $50 million, despite the company facing significant losses and implementing cost-cutting measures and layoffs. posted significant losses and the rest of the company saw cost cutting and layoffs.
Zaslav earned $49.7 million for the year, consisting of a $3 million salary, $23.1 million in stock awards, and $22 million in bonus pay, as reported by the company in a regulatory filing.
This is a developing story, more to come…