THE WALL STREET JOURNAL
|Steve Burke, |
CEO of NBCUniversal
That amount included one-time stock award worth $31.65 million -- money that was not paid to Dauman in 2010 but will vest over the next five years if the company achieves certain performance goals. The grant was bestowed on Dauman as a signing bonus in April after he extended his employment contract six and a half years. Viacom is the parent of several cable networks including MTV, Comedy Central, Nickelodeon, as well as Paramount Pictures. Dauman's second in command, Thomas Dooley, received a total package estimated at $64.7 million.
Broadcast Union News: The images in this article were added by me and do not reflect the opinions of the reporters quoted here, nor their publications. - BD