Blog Post

Filings Watch: $20.6 Million For Viacom Chief Dauman

Viacom (NYSE: VIA) was a rarity in 2007: a major media company whose stock rose. It wasn’t by much, mind you — from $41.01 to $43.98 — but still impressive compared to its peers. For his first full year on the job, CEO Philippe Dauman, in the news today for a new studio JV, earned about $20.6 million in base salary and various equity grands, as calculated by WSJ. Chairman Sumner Redstone received $13.5 million. Despite the company’s relative outperformance, Dauman’s haul was pretty much what the company had targeted for him at the beginning of the year. In determining his performance, the company said he, along with Redstone and CFO Thomas Dooley “improved the Company