Paramount CEO Bob Bakish Sees 2021 Compensation Drop to $20 Million

Paramount CEO Bob Bakish received total compensation last year of $20 million, a drop of nearly $19 million compared to 2020. Bakish took in $3.1 million in salary and another $16.8 million in non-equity compensation last year. In 2020, Bakish’s nearly $39 million haul was inflated by the value of $16 million in stock awards that he received plus a $19.7 million bonus. Last year, per Paramount’s disclosure, Bakish did not receive a cash bonus or additional stock awards. In detailing the executive compensation totals for 2021, Paramount cited in its proxy report that the company successfully launched the Paramount+… Read Full Article