Handful Of Paramount Directors Leaving Amid Skydance Talks; CEO Bob Bakish Compensation Topped $31 Million In 2023

Four directors of Paramount Global are not standing for re-election at the annual meeting, an SEC filing has confirmed, paring the board down to seven directors.

Shareholders will vote on directors and other matters at the meet, which Paramount has set for June 4.

The proxy statement, which lists salaries of a company’s top five highest paid executives, also said CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year. He was by far the top-paid member of the senior management team, with the next-best-compensated being CFO Naveen Chopra, with a total package worth $8 million.

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