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Paramount Global CEO Bob Bakish’s 2023 Pay Totals $31.3M, Down Slightly From Prior Year
Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year.
The meeting, which has seen more than its share of drama in recent years, could be another source of intrigue as controlling shareholder Shari Redstone considers a number of M&A options. Many took the departures as a sign that the exiting board members, loyal to non-executive chair Shari Redstone, couldn’t be seen rubber-stamping a deal that shareholders opposed and that, if approved, would lead to litigation. The four board members who are not running for re-election include Redstone’s attorney, Robert Klieger; former Spotify and Condé Nast executive Dawn Ostroff; former Sony Pictures Entertainment President Nicole Seligman; and banking exec Frederick Terrell.
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