CBS boss Leslie Moonves sees compensation package double in 2009 to $43 million, per AP tally

By AP
Monday, April 19, 2010

AP: CBS’ Moonves pay doubled in 2009 to $43 mln

NEW YORK — CBS Corp. Chief Executive Leslie Moonves received a pay package valued at $43 million in 2009, more than double his compensation a year earlier.

That’s according to an Associated Press review of securities documents filed on Friday.

The 60-year-old president and CEO saw his base salary remain unchanged at $3.5 million.

But his bonus jumped by $5.5 million from a year earlier, and he received $14.4 million in stock options in 2009 after getting none in 2008.

The AP’s executive pay calculation, based on a regulatory filing, aims to isolate the value the company’s board placed on the CEO’s total compensation package. The figure includes salary, bonus, incentives, perks and the estimated value of stock options and awards.

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