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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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Cumulus Promotes Jay Davis to Regional VP
Jay Davis
Jay Davis
Cumulus Media has promoted Jay Davis to Regional Vice President, expanding his leadership responsibilities to include oversight of the company's six-station cluster in Colorado Springs, CO, while continuing to lead its Oklahoma City operations. Davis will retain his role as Vice President & Market Manager More

CMG Names Jules Riley Atlanta Programming Chief
Jules Riley
Jules Riley
Cox Media Group (CMG) has appointed Jules Riley as Director of Operations and Programming for its Atlanta radio cluster, overseeing the programming strategy and daily operations for WSB-FM, WSRV and WALR. In her new role, Riley will oversee content and operational leadership across the stations, working More

Caroline Beasley Inducted Into FAB Hall of Fame
Caroline Beasley
Caroline Beasley
Beasley Media Group CEO Caroline Beasley has been inducted into the 2026 Florida Broadcasters Hall of Fame, one of the industry's highest honors, during the Florida Association of Broadcasters' Annual Conference at The Breakers Resort in Palm Beach, FL. The Hall of Fame recognizes broadcasters whose More
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Heather Roberts Named News Director at KXL Portland
Heather Roberts
Heather Roberts
Connoisseur Media has promoted Heather Roberts to News Director at KXL in Portland, OR, expanding her leadership responsibilities at the heritage News/Talk outlet while she continues as co-anchor of Portland's Morning News. In her new role, Roberts will oversee the editorial direction of KXL's newsroom, More

BFOA Giving Day Supports Broadcasters in Need
Broadcasters Foundation of America (BFOA)
Broadcasters Foundation of America (BFOA)
The Broadcasters Foundation of America (BFOA) will hold its annual Giving Day on Thursday, raising funds to support radio and television professionals facing severe financial hardship caused by debilitating illness, natural disasters, and other life-altering circumstances. The More

Walter Sterling Takes RAAN's National Overnight Show
Walter Sterling
Walter Sterling
Red Apple Audio Networks and WABC-AM/New York have named veteran talk radio personality Walter Sterling host of the syndicated overnight program, "The Other Side of Midnight," airing live Monday through Friday from 1-5am ET. The show is currently carried by 20 affiliates, including flagship WABC in New York, More

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