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Paramount Global Grants Two Senior Execs $1 Million Bonuses If They Stay on Through Skydance Deal Close
Paramount Global is offering $1 million retention bonuses to two top executives -- if they stay with the company through the close of the Skydance Media merger.
Paramount Global is offering $1 million retention bonuses to two top executives, contingent on them remaining with the company through the close of the Skydance Media merger. On Thursday, the media conglomerate — parent of CBS, Paramount Pictures, and cable networks including MTV and Comedy Central — said it was granting the $1 million potential cash bonuses to Doretha Lea, EVP of global public policy and government relations, and Nancy Phillips, EVP and chief people officer. The $1 million bonus represents 100% of each exec’s annual base salary as of November 15, the company disclosed in an SEC filing.
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