Viacom's Philippe Dauman Scores Major Payday

Viacom has been very good to Philippe Dauman. A company proxy statement filed on Friday with the Securities and Exchange Commission revealed that the CEO amassed $84.5 million in stock, salary and other benefits during Viacom’s fiscal year, which ended on Sept. 30. Included in the giant sum is a one-time stock award — $31.7 million — which is dependent on financial goals over the next five years and was part of his new agreement signed in April. The company’s three top executives — Dauman, chairman Sumner Redstone and COO Thomas Dooley — were paid $165 million in stock and other compensation. Dooley received a total of $64.7 million, while Redstone got $15 million. The amounts received were, according the proxy statement, based on performance; Viacom’s stock price rose 22% during the compensation period.

The amount was certainly a huge raise for Dauman, who received $34 million in 2009 — and it will be interesting to see how all media moguls fare as their compensation is reported for a much-improved (financially-speaking) 2010. In 2009, the top media mogul paydays included Les Moonves ($43 million), Comcast’s Brian Roberts ($25 million), News Corp’s Rupert Murdoch ($18 million), Disney’s Bob Iger ($21 million) and Time Warner’s Jeff Bewkes ($19.4 million)

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