Submitted by MarvelsGrantMan136 t3_126090e in television
neekeri_420 t1_je6xzwf wrote
Reply to comment by amidead32 in Warner Bros. Discovery CEO David Zaslav’s 2022 Pay Package Hits $39.3M by MarvelsGrantMan136
It's not really a success, it's a MASSIVE failure. His previous salary was $246 mil.
He'll be fired soon if he keeps this up.
[deleted] t1_je8950k wrote
[deleted]
DaveSilver t1_je8c2ng wrote
Total compensation
horseren0ir t1_je8mplf wrote
He paid off 7 billion in debt last year, he’s doing fine with the board
frenin t1_je8qvsi wrote
Salary ≠Total compensation.
Can't see why this is upvoted.
11eagles t1_je8x578 wrote
Pay package refers to total compensation so while he used the wrong term the comparison is valid.
[deleted] t1_je7jlwv wrote
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USFederalReserve t1_je7ko9f wrote
Because reddit likes to forget that publicly owned companies have a non-negotiable fiduciary obligation to maximize profits for shareholders. If they don't, leadership replaces them with someone who will.
People think leadership is disconnected from what the audiences want but in reality it's the audiences that are disconnected from the business operation and how it works.
formicatile t1_je8j4ug wrote
No, his salary was not anywhere close to $246 million.
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