Warner Bros. Discovery Shareholders Advised to Vote Against David Zaslav’s $550 Million-Plus Golden Parachute ‘Windfall’ Payout From Paramount Deal

Proxy-advisory firm ISS recommends WBD investors approve Paramount Skydance pact

By Todd Spangler

Todd Spangler

NY Digital Editor

Latest

• Warner Bros. Discovery Shareholders Advised to Vote Against David Zaslav’s $550 Million-Plus Golden Parachute ‘Windfall’ Payout From Paramount Deal 12 minutes ago
• Paramount Skydance Restructures Debt Financing for Warner Bros. Discovery Deal 3 hours ago
• Jeff Shell to Receive at Least $5 Million in Severance From Paramount 4 hours ago

Does David Zaslav deserve to receive more than half a billion dollars in connection with the sale of Warner Bros. Discovery to David Ellison’s Paramount Skydance?

Influential shareholder advisory services firm ISS believes the WBD CEO’s “golden parachute” payout package is unwarranted — because it includes “problematic” tax reimbursements and accelerated stock vesting for the exec — and has recommended that WBD investors vote against the measure at the media company’s April 23 special shareholder meeting.

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