Sumner M. Redstone
2008 - Viacom
In 2008, Sumner M. Redstone earned a total compensation of $14M as Executive Chairman and at Viacom, a 10% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $20,891 |
|---|---|
| Non-Equity Incentive Plan | $3,942,500 |
| Option Awards | $3,000,005 |
| Salary | $1,250,000 |
| Stock Awards | $5,619,374 |
| Other | $151,937 |
| Total | $13,984,707 |
Redstone received $5.6M in stock awards, accounting for 40% of the total pay in 2008.
Redstone also received $20.9K of change in pension value and nonqualified deferred compensation earnings, $3.9M in non-equity incentive plan, $3M in option awards, $1.3M in salary and $151.9K in other compensation.
Rankings
In 2008, Sumner M. Redstone's compensation ranked 155th out of 9,135 executives tracked by ExecPay. In other words, Redstone earned more than 98.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 155 out of 9,135 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 29 out of 846 | 97th |
Major group Communications | 20 out of 236 | 92nd |
Industry group Cable And Other Pay Television Services | 13 out of 38 | 66th |
Industry Cable and Other Pay Television Services | 13 out of 38 | 66th |
Source: SEC filing on April 17, 2009.
Redstone's colleagues
We found five more compensation records of executives who worked with Sumner M. Redstone at Viacom in 2008.