The “Say on Pay” vote was widely rejected, with 1,063,214,128 votes against it and just 724,453,004 in favor, a roughly 60/40 vote against the measure. (Shareholders, last year, approved the pay package by a 53% majority.)
Zaslav has been CEO of WBD since 2022. His pay rate is higher than that of several competitors, including Disney’s Bob Iger ($41.4 million), Comcast’s Brian Roberts ($33.9 million) and SiriusXM’s Jennifer Witz ($32.1 million).
Shareholder advisory firm Institutional Shareholder Services had recommended shareholders reject Zaslav’s pay package (and the others) “in light of inadequate responsiveness and an unmitigated pay-for-performance misalignment.”
