Discovery CEO David Zaslav received a massive $203 million stock option grant last year that inflated his total 2021 compensation package to a staggering $246.6 million.
The stock option grant comes as Zaslav is about to lead a much larger company as the merger of WarnerMedia and Discovery nears completion. Although Zaslav will not see any liquidity from those options for years to come — and the payout only comes in success — the sheer size of the package is sure to draw more criticism about excessive executive compensation.
Zaslav received another $13.1 million in stock awards last year, in addition to $22 million in other compensation, on top of a previously reported $4.4 million bonus.
More to come
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