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CBS CEO Leslie Moonves Earned $32 Million in 2008


According to a proxy report filed on Friday, CBS Corp. CEO Leslie Moonves' overall compensation, including stock and option awards, for 2008 was valued at about $32 million. That's down from the reported $36.8 million in 2007. His salary and bonus totaled $13 million, also down from $23.8 million a year earlier.

Moonves' base pay tumbled to $3.5 million from $5.3 million in 2007. His bonus shrank to $9.5 million in 2008 after the company's stock took a nose dive and lost 70% of its value last year. Moonves has said that he will not take a pay raise this year.

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Latest Radio Stories

Debbie Kenyon Named Audacy Central Region President
Debbie Kenyon
Debbie Kenyon
Audacy has promoted veteran executive Debbie Kenyon to Regional President for its Central U.S. markets, expanding her leadership role across several of the company's major stations. Kenyon, who currently serves as Senior Vice President and Market Manager for Audacy's Detroit operations, will now oversee More

iHeartMedia Appoints Care Jones SNE Market President
Care Jones
Care Jones
iHeartMedia has promoted Care Jones to Market President, overseeing the company's operations in Providence, RI; Manchester and Portsmouth, NH; and Cape Cod, MA. In her new role, Jones will lead market operations, strategy and revenue performance across the four regions, with a focus on growth and delivering More

Connoisseur Media to Sell Topeka Stations to KZNA Inc.
Connoisseur Media
Connoisseur Media
Connoisseur Media has reached an agreement to sell its Topeka, KS cluster to KNZA Inc., which operates locally as MSC Radio Group. The transaction, which includes KSAJ-FM (98.5 Jack FM), KTPK (Country 106.9), WIBW-AM (WIBW News), and WIBW-FM (The Big 94.5 Country), is pending approval from the FCC and is More
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AM/FM Still Dominates Audio Reach, Study Finds
Cumulus Media | Westwood One
Cumulus Media | Westwood One
A new blog from Cumulus Media and Westwood One's Audio Active Group argues that advertisers who rely solely on streaming and podcasts are missing a significant portion of the U.S. audience, citing recent research from Advertiser Perceptions and Edison Research. According to the analysis, marketers and More

Adam Star Returns as PD for Beasley Augusta GA
Adam Star
Adam Star
Beasley Media Group has named Adam Star Program Director for its cluster in Augusta, GA, effective immediately. In the role, Star will oversee programming strategy for the cluster and work alongside Operations Manager Tee Gentry and Chris O'Kelley. He returns to the company after previously serving as More

FCC Names Farhan Khan Chief Information Officer
Federal Communications Commission
Federal Communications Commission
The Federal Communications Commission has appointed Farhan Khan as its new Chief Information Officer, a role overseeing the agency's technology strategy, IT services, modernization efforts, and information security. As CIO, Khan will lead the Commission's overall technical vision, ensuring its systems More

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