Sumner M. Redstone
2007 - Viacom
In 2007, Sumner M. Redstone earned a total compensation of $15.6M as Executive Chairman and at Viacom, a 5% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,543,500 |
|---|---|
| Non-Equity Incentive Plan | $3,500,000 |
| Option Awards | $2,999,997 |
| Salary | $1,000,000 |
| Stock Awards | $5,418,227 |
| Other | $140,451 |
| Total | $15,602,175 |
Redstone received $5.4M in stock awards, accounting for 35% of the total pay in 2007.
Redstone also received $2.5M of change in pension value and nonqualified deferred compensation earnings, $3.5M in non-equity incentive plan, $3M in option awards, $1M in salary and $140.5K in other compensation.
Rankings
In 2007, Sumner M. Redstone's compensation ranked 115th out of 8,700 executives tracked by ExecPay. In other words, Redstone earned more than 98.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 115 out of 8,700 | 99th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 17 out of 745 | 98th |
Major group Communications | 16 out of 214 | 93rd |
Industry group Cable And Other Pay Television Services | 11 out of 38 | 71st |
Industry Cable and Other Pay Television Services | 11 out of 38 | 71st |
Source: SEC filing on April 18, 2008.
Redstone's colleagues
We found five more compensation records of executives who worked with Sumner M. Redstone at Viacom in 2007.