Viacom CEO Philippe Dauman's 2007 pay jumps 133% to $26M

Viacom reports 2007 executive compensation

By ExecPay News

Published: April 18, 2008

Viacom reported fiscal year 2007 executive compensation information on April 18, 2008.
In 2007, six Viacom executives received on average a compensation package of $12M, a 48% decrease compared to previous year.
Average pay of disclosed executives at Viacom
Philippe P. Dauman, Chief Executive Officer, received $26M in total, which increased by 133% compared to 2006. 41% of Dauman's compensation, or $11M, was in stock awards. Dauman also received $16K of change in pension value and nonqualified deferred compensation earnings, $7M in non-equity incentive plan, $6M in option awards, $2M in salary, as well as $264K in other compensation.
Thomas E. Dooley, Chief Financial Officer, received a compensation package of $21M, which increased by 127% compared to previous year. 42% of the compensation package, or $8.7M, was in stock awards.
Sumner M. Redstone, Chairman, earned $16M in 2007, a 5% decrease compared to previous year.
Michael D. Fricklas, General Counsel, received $8.4M in 2007, which increases by 104% compared to 2006.
JoAnne A. Griffith, Former Executive Vice President, Human Resources, earned $1.8M in 2007.
Jacques Tortoroli, Chief Accounting Officer, received $1.6M in 2007.
Viacom's fiscal year ends on September 30.

Related executives

Sumner Redstone

Viacom

Chairman

Philippe Dauman

Viacom

Chief Executive Officer

Thomas Dooley

Viacom

Chief Executive Officer

Michael Fricklas

Viacom

General Counsel

JoAnne Griffith

Viacom

Former Executive Vice President, Human Resources

Jacques Tortoroli

Viacom

Chief Accounting Officer

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Source: SEC filing on April 18, 2008.