ISS urges shareholders to reject Warner Bros. Discovery executive compensation plan over large golden parachute payments

fortune.com

ISS recommends investors vote against Warner Bros. Discovery's executive compensation proposal due to "extraordinary" golden parachute payments totaling $1.35 billion. The advisory firm highlighted CEO David Zaslav's potential $887 million payout, largely due to a $335 million excise tax gross-up and accelerated equity vesting, deeming it unwarranted. Shareholders will vote on the Paramount Skydance acquisition and compensation on April 23, though the vote on payouts is advisory.


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ISS urges shareholders to reject Warner Bros. Discovery executive compensation plan over large golden parachute payments | News Minimalist