NEW YORK (AP) --" Viacom Inc. CEO Philippe Dauman's compensation more than doubled in 2010 from the year before, according to an Associated Press analysis, mainly because of stock options and awards.
Dauman's overall pay package climbed to $84.5 million from $34 million, according to a review of securities filings made on Friday.
His base salary rose 5 percent to about $2.6 million from $2.5 million. He received a performance-based bonus of $11.3 million, down 10 percent from $12.5 million the year before."
* His base salary already in excess of 50 X avg worker if based on $50K salary. What bagholders do is get coerced by FED policy of 0% returns on CASH or safe investments, and forcing you for returns into riskier asset classes, such as stocks, such as VIACOM!
So when you BUY these shares and hope to make a little green
(VIACOM SHARES YIELD scant 1.20%) sports a MAMOTH debt to equity ratio of 73.95...what a deal. Cash of $677 M, debt of $6.7 B. BOOK value of 15, stock price $48.......remember yes when you buy, this allows liquidity for the INSIDERS to cash out those HUGE outsized and GROSS stock options
WHAT CEO OF WHAT COMPANY IS WORTH $84 MILLION a year in compensation?
D
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