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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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Heidi Raphael to Lead New York Broadcasters
Heidi Raphael
Heidi Raphael
The New York State Broadcasters Association (NYSBA) has named Heidi Raphael as its next President and Chief Executive Officer, succeeding longtime President and CEO David Donovan. Raphael will take over leadership of the association later this year as Donovan transitions from the role after 15 years at the More

John Lewis Expands Cumulus Regional VP Role
John Lewis
John Lewis
Cumulus Media has promoted John Lewis to Regional Vice President, expanding his responsibilities to include oversight of the company's stations in Fort Walton Beach and Pensacola, FL. Lewis will continue to lead Cumulus' operations in Huntsville, AL, and Chattanooga, TN, while overseeing the company's audio More

Appeals Court Backs Cumulus in Nielsen Case
A federal appeals court has upheld a preliminary injunction blocking Nielsen from enforcing a policy that would require broadcasters purchasing its national radio ratings data to also buy its local ratings services, handing Cumulus Media a significant victory in its ongoing antitrust lawsuit against the More
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Shawn Tempesta Takes Over KLUC Morning Show
Shawn Tempesta
Shawn Tempesta
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Binnie Media Appoints Jodie Gallant as Executive VP
Jodie Gallant
Jodie Gallant
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Mary Lockrem Joins KDES/Palm Springs for Middays
Mary Lockrem
Mary Lockrem
Connoisseur Media Palm Springs has named Mary Lockrem as the new midday host on KDES-FM (98.5 The Bull), where she will be heard weekdays from 10am-3pm. Lockrem joins the Country outlet after spending the past four years on the air in the Coachella Valley. Regional Vice President Sommer Frisk said More

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