Paramount Global CEO Bob Bakish’s 2023 Pay Totals $31.3M, Down Slightly From Prior Year

Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year.

The latest figures were disclosed Monday in an SEC filing.

The next-highest tally among top execs was for CFO Naveen Chopra, who collected $8 million, up from $6.5 million in 2022.

Bakish’s salary was $3.1 million and he was given a stock award of $15.5 million and another $12.4 million via the company’s non-equity incentive plan.

Along with executive compensation, the filing revealed the June 4 date of the company’s annual shareholder meeting. The meeting, which has seen more than its share of drama in recent years, could be another source of intrigue as controlling shareholder Shari Redstone considers a number of M&A options. Four members of the company’s board of directors, who would customarily have taken part in the meeting, recently announced they will not run for re-election.

MORE to come …