Warner Bros. Discovery shareholders urged to oppose CEO's $886.8 million payout

Warner Bros. Discovery shareholders are advised to vote against CEO David Zaslav's proposed $886.8 million golden parachute tied to the Paramount deal, according to ISS. The proxy firm criticized the payout structure as “problematic” and inconsistent with good governance practices. Meanwhile, ISS recommends approval of the Paramount merger, valued at $111 billion, pending regulatory approvals.

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Summary by Glance · Original reporting by Variety