Warner Bros. Discovery Lost $11.5 Billion in 2024. So How Did CEO David Zaslav Exceed His Bonus Targets?
Warner Bros. Discovery Lost $11.5 Billion in 2024. So How Did CEO David Zaslav Exceed His Bonus Targets?
They lost $11.5 Billion, however that was offset by denying their employees their annual bonuses since the company lost money over the year. By not paying out he bonuses to the employees they actually saved over $12 Billion, therefore Zaslav was able to get his $500 Million bonus.
See, everyone (important) wins!
Math is different in CEO land.
“The company is in trouble! We need to pay our CEO more to incentivize performance! Also we can’t fire them because a transition during our difficulties would only hurt the company more!”
“The stock price is growing! We need to pay our CEO more to make sure no competitor tried to hire them away from us!”
It's a GOOD THING we Don't Tax these people or Companies! OTHERWISE they May have LAID OFF A TON OF EMPLOYEES to Save Money and get a Higher CEO Compensation!
I like you
At this point you can't convince that he was anything but a plant to lower the company value.
He looks like stuffed and boiled Jon Voight.
