CBS CEO Robert Bakish's 2020 pay jumps 366% to $39M
CBS reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
CBS reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, six CBS executives received on average a compensation package of $14M, a 159% increase compared to previous year.
Average pay of disclosed executives at CBS
Robert M. Bakish, Chief Executive Officer, received $39M in total, which increased by 366% compared to 2019. 51% of Bakish's compensation, or $20M, was in non-equity incentive plan. Bakish also received $145K of change in pension value and nonqualified deferred compensation earnings, $3.1M in salary, $16M in stock awards, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $94,989 at CBS. Therefore, the ratio of Robert M. Bakish's pay to the median employee pay was 410 to one.
Christina Spade, Chief Financial Officer, received a compensation package of $20M, which increased by 112% compared to previous year. 63% of the compensation package, or $13M, was in other compensation.
Naveen Chopra, Chief Financial Officer, earned $11M in 2020.
Christa A. D'Alimonte, General Counsel, received $6M in 2020, which increases by 1132% compared to 2019.
Nancy Phillips, EVP, Chief People Officer, earned $3.6M in 2020, a 15% increase compared to previous year.
Doretha F. Lea, EVP, Global Public Policy and Government Relations, received $3.2M in 2020.
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Source: SEC filing on April 2, 2021.