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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

Massachusetts Broadcasters Hall Honors Radio Veterans
Massachusetts Broadcasters Association (MBA)
Massachusetts Broadcasters Association (MBA)
The Massachusetts Broadcasters Association inducted seven broadcasting professionals into the Massachusetts Broadcasters Hall of Fame during a ceremony held June 4 at the Renaissance Hotel and Conference Center in Framingham, recognizing distinguished careers in radio and television. Among the 2026 More

Charlie & Debbie Move to Mornings on WSOC-FM
Charlie & Debbie
Charlie & Debbie
Longtime WSOC-FM (Country 103.7) Charlotte personalities Charlie & Debbie are named the Beasely outlet's new morning show hosts. The duo will officially take over mornings beginning June 22. Charlie & Debbie have been a familiar presence on the station for more than two decades. Their move from afternoons to More

iHeart Shareholders Approve Expanded Incentive Plan
iHeartMedia
iHeartMedia
iHeartMedia shareholders have approved a significant expansion of the company's long-term incentive compensation program, authorizing an additional 13 million shares for employee equity awards and extending the plan for another decade. The changes were approved during iHeartMedia's Annual Meeting of More
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Report: Audio Remains Key for Small Business Growth
Audacy Insights
Audacy Insights
Small businesses face increasing pressure to make every marketing dollar count as they navigate a growing number of advertising channels and heightened demands to demonstrate return on investment, according to a new Audacy Insights report. The report, entitled "Small Business Budgets. Big Expectations. More

Jesse Garcia Named PD of K105 in Fort Wayne
Jesse Garcia
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Federated Media has promoted veteran programmer Jesse Garcia to Program Director of Country WQHK (K105) in Fort Wayne, IN, effective immediately. He will continue serving as Program Director of sister Country WBYT (B100) in South Bend. Garcia has spent more than 16 years programming B100, where he also hosts More

Entravision Launches AI Co-Hosted Radio Show
Entravision
Entravision
Entravision Communications says it has made history with what it describes as the first AI co-hosted Spanish-language radio show in the U.S., as its Los Angeles morning program "Al Aire y Sin Permiso" continues to post strong audience growth. The show, heard weekdays from 8-10am on KLYY-FM (Jose 97.5) in More

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