Discovery's Singer Gets $200K Raise

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Discovery Communications said in a Securities and Exchange Commission filing late Friday that it has amended chief financial officer Brad Singer's employment agreement, increasing his annual base salary to $965,000 from $765,000, effective July 20.

The company also said that it has also increased Singer's annual incentive payment target from 75% of his base salary to 100%, effective for the fiscal year 2009 and for the balance of the term of his employment agreement.

Singer joined Discovery in July 2008 from American Tower Corp., where he had held executive positions in finance, operations, and strategy since 2000 and served as CFO and Treasurer since December 2001.

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