Business
Guess who gets $22 M signing bonus
Oct 18, 2012 / 7:56 pm
Two years after granting CEO Leslie Moonves (MOON-vehz) a bundle of stock options as a bonus for signing a long-term contract, CBS Corp. is giving him another signing bonus after extending his contract through the middle of 2017.
After redoing his contract on Monday, the 63-year-old executive received another bonus package. The first installment was due Thursday, when he was to receive $7.5 million worth of stock options. In 2013, he is entitled to restricted stock units that will be valued at $14.5 million on the day they are issued.
The one-time stock grants come on top of an annual salary of $3.5 million and a target bonus of $12 million per year.
The details of the signing bonus were laid out in a securities filing on Thursday.
Read more Business News
| Today's Market | ||
| S&P TSX | 12268.29 | -99.17 |
| S&P CDNX | 924.25 | -5.74 |
| DJIA | 15112.19 | -206.04 |
| Nasdaq | 3423.555 | 0.00 |
| S&P 500 | 1628.93 | -22.88 |
| CDN Dollar | 0.9719 | N/A |
| Gold | 1346.20 | -27.50 |
| Oil | 97.28 | -0.96 |
| Lumber | 288.50 | +7.00 |
| Natural Gas | 3.951 | -0.012 |
| Okanagan Companies | ||
| Sun Rype | 6.20 | 0.00 |
| Pacific Safety | 0.045 | -0.01 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.64 | +0.03 |
| Cantex | 0.18 | +0.125 |
| Anavex Life Sciences | 0.695 | -0.04 |
| Metalex Ventures | 0.055 | -0.005 |
| Russel Metals | 25.83 | +0.21 |
| Copper Mountain Mining | 1.73 | -0.06 |
| Colorado Resources | 0.78 | +0.05 |
| ReliaBrand Inc | 0.13 | 0.00 |
Market turbulence takes its tollBig Picture Economic Data Remains the Focus Equity markets around the world continued to decline this week as investors remain focused on the trend of economic data and whether economic growth is stro...
House hunting: finding the right fitWith so many choices and variables, how do you find the perfect fit? Before you start your search, it’s a good idea to narrow down the playing field by looking at what would fit you best. Here&r...
Reflections on waterMy closest partner is my wife and this week I just wanted to share some of our work from her perspective, as she is more of a "thinker" than me, and I wanted to share our activities and goa...
_
- Mining, oil and gas companies to face tougher rules around disclosing payments
- TSX adds to losses over central bank concerns
- Asian markets down over concerns
- Global energy companies 'dead serious' about B.C. natural gas, says minister
- Teletoon Canada plans to air 'Inspector Gadget' reboot
- TSX drops in early market trading
- Canadian dollar takes a hit
- Apple unveils music streaming service
- What's up Apple?
- Canadian dollar rises on job report
- Tom Cruise backs Wal-Mart
- Royal Bank to edge up mortgage rates
Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here
