ISS Opposes $886 Million Golden Parachute for David Zaslav in Paramount Merger
Investors are being advised to oppose a $1.35 billion post-acquisition payout for executives following the acquisition of Warner Bros. Discovery by Paramount Skydance. Institutional Shareholder Services (ISS) contends the payouts are unjustified, specifically opposing an $886.8 million golden parachute for Warner Bros. CEO David Zaslav. The payout includes an excise tax grossup of $335 million for Zaslav, which he would receive solely due to the deal's execution. The total executive payout is triggered by the acquisition of Warner Bros. Discovery by Paramount Skydance.
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