Zaslav’s Pay Rises 13% in 2016

International chief Perrette sees comp grow 57%
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Discovery Communications CEO David Zaslav received total compensation of $37.2 million in 2016, a 13% increase from the $32.4 million he received in the prior year.

Zaslav’s base salary dipped slightly to $3 million from $3.1 million in the prior year, but the CEO made up the difference and more with $15.1 million in stock awards, up from $11.3 million in the prior year. Zaslav also received $11.1 million in option awards (a 5.7% increase from $10.5 million in 2015) and $7.5 million in non-equity incentive plan compensation.

Discovery Networks International CEO Jean-Briac Perrette, who oversees the division that makes up the bulk of Discovery’s sales, saw his total compensation rise 57% to $11.6 million from $7.4 million in the prior year. A one-time performance bonus and stock awards fueled the bulk of that increase.

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Chief development, distribution and legal officer Bruce Campbell basically broke even on the compensation front for the year, taking home $6.6 million in salary, stock and option awards in 2016; down slightly from the $6.8 million he received in 2015.

Outgoing chief financial officer Andrew Warren received $2.99 million in total compensation, down from $5 million in the prior year. Warren announced last year that he would step down as CFO, initially by year-end but extended his stay to April 1. He was replaced by former pay TV executive Gunnar Wiedenfels.

Rounding out the executive suite, chief commercial officer Paul Guyardo, who joined Discovery in October 2015 from DirecTV, received $4.6 million in total compensation.

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