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WBD CEO David Zaslav took home $49.7 million in 2023: filing

Discovery Chief Executive Officer David Zaslav appears in an undated photo.

Warner Bros Discovery (WBD) rewarded its CEO David Zaslav with a cash, stock and benefits package worth $49.7 million last year, according to a filing with federal regulators on Friday.

The figure, disclosed in a proxy statement filed with the U.S. Securities and Exchange Commission, reflected a 26 percent increase compared to Zaslav’s compensation package he earned in 2022.

The bulk of Zaslav’s compensation package consisted of $23.1 million in stock awards, according to the proxy filing. His base salary was $3 million, and he received an additional $22 million cash bonus after achieving certain free cash flow targets.

His compensation package also included more than $705,000 for personal security services and another $767,000 in expenses related to his personal use of a company-owned private jet.

The pay increase was especially interesting because the Wbd as a whole…