Sumner M. Redstone
2008 - CBS
In 2008, Sumner M. Redstone earned a total compensation of $15M as Executive Chairman and Founder at CBS, a 6% increase compared to previous year.
Compensation breakdown
| Bonus | $5,500,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $13,453 |
| Option Awards | $3,872,635 |
| Salary | $1,003,846 |
| Stock Awards | $4,633,727 |
| Other | $17,418 |
| Total | $15,041,079 |
Redstone received $5.5M in bonus, accounting for 37% of the total pay in 2008.
Redstone also received $13.5K of change in pension value and nonqualified deferred compensation earnings, $3.9M in option awards, $1M in salary, $4.6M in stock awards and $17.4K in other compensation.
Rankings
In 2008, Sumner M. Redstone's compensation ranked 131st out of 9,135 executives tracked by ExecPay. In other words, Redstone earned more than 98.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 131 out of 9,135 | 99th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 25 out of 846 | 97th |
Major group Communications | 18 out of 236 | 92nd |
Industry group Radio And Television Broadcasting Stations | 5 out of 59 | 92nd |
Industry Television Broadcasting Stations | 2 out of 34 | 94th |
Source: SEC filing on April 16, 2010.
Redstone's colleagues
We found four more compensation records of executives who worked with Sumner M. Redstone at CBS in 2008.