Warner Bros. CEO David Zaslav to Receive $800M Severance Pay

Rival media company PSKY’s acquisition of Warner Bros. may lead to a significant payout for outgoing CEO David Zaslav, who is set to collect over $800 million in severance and other payments. This includes cash, option payments, and restricted stock holdings, as well as a newly adopted tax reimbursement, according to a recent securities filing. The total does not include the approximately $20 million he is expected to receive for his shares, which he owns outright.

Source: https://www.wsj.com/business/media/david-zaslav-deal-pay-could-top-800-million-after-last-minute-tax-benefit-10131fe9