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
|QHR Technologies Inc||0.56||-0.01|
|Anavex Life Sciences||0.475||-0.025|
|Copper Mountain Mining||1.73||-0.02|
Owning a business is a daily battle. Customers reduce everything to the most easily comparable factors – apples to apples – and dollars per unit. Business owners must constantly strive to...
I had a crazy thought a few years ago. I was in the lobby of a Church talking to Matt Blacklock. Matt is a friend and ultra-marathon runner who has tackled some of Canada’s toughest long distan...
I vowed when I started this column twenty-five years ago that I wasn’t going to write about politics and I have held the line until today but this item is really about questions. I looked back o...
- Telus offers $380 million for Mobilicity
- Loonie heads lower
- Loonie takes a short dive
- Music industry biggies donate $70M
- IRS investigated for tea party targeting
- Loonie weakens as commodities fall
- The buck is up - a little
- Cheap deadly cars made in Brazil
- Bangladesh to raise wages
- Open for business
- 'Gatsby' earns $51.1M, 'Iron Man' $72.5M
- Chrysler recalls nearly 470,000 SUVs