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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

House Panel Advances AM Radio Vehicle Bill
National Association of Broadcasters
National Association of Broadcasters
A key congressional committee has advanced the AM Radio for Every Vehicle Act, moving the bipartisan legislation one step closer to becoming law. In a recent post on the NAB Blog, Carrie Healey, Vice President of Communications for the National Association of Broadcasters, said the House Energy and More

Katz Study: Radio Boosts World Cup Hosting Interest
Katz Radio Group
Katz Radio Group
A new case study from Katz Radio Group suggests radio advertising can play a significant role in motivating homeowners to explore short-term hosting opportunities tied to the upcoming FIFA World Cup 2026. The study, featured in Katz Radio's Sound Answers blog, examined how audio More

WROR/Boston Launches New Morning Show on June 1
LBF and Adam 12
LBF and Adam 12
Beasley Media has announced the launch of "The ROR Morning Show with LBF and Adam 12," debuting Monday, June 1, on 105.7 WROR-FM in Boston. The new morning program will be hosted by longtime Boston radio personalities Lauren Beckham Falcone, known on-air as LBF, and Adam 12. More
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WQXR Host Jeff Spurgeon to Retire in September
Jeff Spurgeon
Jeff Spurgeon
WQXR/New York announced that longtime morning host Jeff Spurgeon will retire at the beginning of September, ending a nearly 30-year run at the station and a broadcasting career that has spanned almost five decades. Spurgeon joined WQXR in 1996 and will continue hosting the station's weekday morning program More

iHeartMedia Named Audio Partner of INTENNSE
iHeartMedia and Intennse
iHeartMedia and Intennse
INTENNSE has announced a partnership with iHeartMedia naming iHeartRadio the official audio partner of the professional co-ed tennis league as it prepares for its 2026 season and future expansion plans. Under the agreement, iHeartRadio will serve as INTENNSE's More

Black Box Group Launches ''Summer School'' Training Series
Summer School
Summer School
Black Box Group (BBG), the west coast consulting and strategy firm led by media strategist and talent coach Keith Cunningham, has launched "Summer School," a live online training curriculum aimed at helping radio programming, talent, digital, and promotions teams prepare for the More

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