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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

Southern California Radio Veteran Craig Carpenter Dies
Craig Carpenter
Craig Carpenter
Southern California radio personality Craig "Sea" Carpenter, whose distinctive voice was heard on many of the region's legendary rock stations during the 1970s, 1980s and 1990s, died June 1 following a short illness. He was survived by his children, siblings and extended family. Carpenter built a lengthy More

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
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NASCAR Broadcaster Ned Jarrett Dies at 93
Ned Jarrett
Ned Jarrett
NASCAR Hall of Famer and longtime Motor Racing Network broadcaster Ned Jarrett has died at the age of 93. According to a statement released by his family, Jarrett passed away peacefully of natural causes on June 4 at his home in Newton, NC, surrounded by family. "Our father was a devout Christian and a 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

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

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